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

QatarEnergy, ExxonMobil expect first LNG from Golden Pass plant in H1 2025

Energy giants QatarEnergy and ExxonMobil are expecting to start LNG production at their Golden Pass LNG export terminal on...

Nigeria’s NNPC teams up with China’s Wison on floating LNG project

State-run Nigerian National Petroleum Corp is joining forces with China's Wison to develop a floating LNG production project in...

Trinidad seals Atlantic LNG restructuring deal with Shell and BP

Trinidad and Tobago has finally signed a restructuring deal with the shareholders of LNG producer Atlantic LNG, Shell, BP,...

More News Like This

South Korea’s Hanwha Ocean speeds up construction of LNG carriers

South Korean shipbuilder Hanwha Ocean, previously known as DSME, is currently building simultaneously four large liquefied natural gas carriers...

Shell welcomes AET’s LNG-fueled VLCC to its chartered fleet

LNG giant Shell took delivery of the second of three LNG-powered very large crude carriers it has chartered from...

GTT bags tank orders for LNG carrier trio

France’s GTT has secured tank design orders from two South Korean shipbuilders for in total three 174,000-cbm LNG carriers. The...

South Korea’s Hanwha Ocean develops giant LNG carrier

South Korean shipbuilder Hanwha Ocean, previously known as DSME, has received an approval in principle from classification society DNV...