DSME wins single LNG carrier order worth about $239 million

South Korea’s shipbuilder Daewoo Shipbuilding and Marine Engineering has received an order for one liquefied natural gas (LNG) carrier worth about $239 million.

DSME will build the 174,000-cbm LNG carrier for an unidentified owner in Asia and deliver it by August 2026.

The shipbuilder said the deal has a price tag of 311.2 billion won or about $239 million.

Also, the vessel would feature MAN ME-GA engine and a reliquefaction system.

One shipbuilding source said that the owner behind this order is likely Japan’s MOL. LNG Prime could not confirm this by the time this article was published.

With this order, DSME secured contracts worth about $6.67 billion for 29 ships this year, including six LNG-powered containerships and 21 LNG tankers.

DSME has now achieved about 75 percent of its annual target of $8.9 billion.

Last year, the yard won about $10.8 billion in orders, exceeding its target of $7.7 billion.

- Advertisements -

Most Popular

Samsung Heavy to sue Russia’s Zvezda over LNG carrier contract termination

South Korean shipbuilding giant Samsung Heavy Industries said it will sue Russian shipbuilder Zvezda after the latter decided to...

LNG freight rates, European prices climb

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet and European prices increased this week compared...

Excelerate says Bangladesh FSRU to resume ops by end of July

US-based Excelerate Energy expects its FSRU Summit LNG, which serves Bangladesh’s second LNG terminal located offshore Moheshkhali Island in...

More News Like This

Hapag-Lloyd takes delivery of LNG-powered giant

Germany’s Hapag-Lloyd has taken delivery of a new ultra-large LNG-fueled containership from South Korea’s Hanwha Ocean. Hanwha Ocean, previously known...

Hapag-Lloyd welcomes new LNG-powered giant in its fleet

Germany’s Hapag-Lloyd has taken delivery of a new ultra-large LNG-powered containership from South Korea’s Hanwha Ocean. Hanwha Ocean, previously known...

South Korean yards built 500 LNG carriers for export in 30 years

South Korean yards have completed 500 liquefied natural gas (LNG) tankers for export since 1994, according to the Ministry...

Hanwha Ocean to build LNG carrier quartet for $920 million

South Korean shipbuilder Hanwha Ocean, previously known as DSME, has received an LNG carrier order worth about $920 million...