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

Venture Global: Plaquemines LNG to start production in mid-2024

US LNG exporter Venture Global LNG expects to start LNG production at its Plaquemines LNG export plant in Louisiana...

NFE says ‘minor mechanical issue’ will not affect Altamira LNG launch

US LNG player New Fortress Energy said that "a minor technical issue" which took place last week on one...

QatarEnergy seals $6 billion deal with Chinese shipbuilder for 18 giant LNG carriers

State-owned LNG giant QatarEnergy has signed a major shipbuilding deal worth $6 billion with China State Shipbuilding Corp for...

More News Like This

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...

Philippe Levy to lead Hanwha Ocean’s offshore business

South Korean shipbuilder Hanwha Ocean has appointed Philippe Levy, the former president of SBM Offshore Americas, as the president...

Hanwha Ocean bags $1.84 billion Qatari LNG carrier order

South Korean shipbuilder Hanwha Ocean, previously known as DSME, has secured an LNG carrier order worth about $1.84 billion...