Greece’s Maran Gas books another LNG carrier duo at DSME

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering has received a new order from Maria Angelicoussis-led Maran Gas to build two LNG tankers.

Including these two vessels, Greece’s Maran Gas has booked in total eight LNG carriers since November last year with DSME following contracts in November, in January, and in February.

Maria Angelicoussis, who is also the head of parent Angelicoussis Shipping Group, signed the new contract with DSME’s CEO Du-Seon Park on June 8 in Greece, according to DSME.

DSME said the deal for the two 174,000-cbm LNG carriers has a price tag of 585.1 billion won ($466 million) or about $233 million per vessel, which is a very high price.

It compares to 525 billion won Maran Gas will pay for the two carriers in February and 502.1 billion won for the two vessels in January.

DSME said the two new LNG carriers would have MAN ME-GI propulsion and a reliquefaction system.

The yard will deliver the two ships to Maran Gas in the first half of 2026.

Including the two new ships, Angelicoussis and its units have booked 118 ships at DSME since 1994.

DSME secured orders worth about $5.93 billion for 26 ships in 2022, including for 18 LNG vessels. It achieved about 66.6 percent of its target of $8.9 billion.

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

Most Popular

Cheniere produces first LNG cargo at Corpus Christi expansion project

US LNG exporting giant Cheniere has produced the first cargo at the Corpus Christi Stage 3 expansion project in Texas.

Centrica seals LNG supply deal with Petrobras

UK-based energy firm Centrica has signed a 15-year LNG supply deal with Brazil’s state-owned energy firm Petrobras.

Japan’s Japex boosts LNG sales

Japan Petroleum Exploration (Japex) boosted its sales of liquefied natural gas (LNG) in the April-December period last year.

More News Like This

Hanwha Ocean delivers 200th LNG carrier

South Korea's Hanwha Ocean has delivered its 200th liquefied natural gas (LNG) carrier.

Evergreen orders LNG-powered vessels in South Korea and China

Taiwan's shipping firm Evergreen Marine has ordered ultra-large LNG-powered containerships at two yards in South Korea and China.

Hapag-Lloyd to add more LNG-powered containerships to its fleet

Germany's Hapag-Lloyd is expected to add more LNG dual-fuel container vessels to its fleet with a new order at South Korea's Hanwha Ocean, according to shipbuilding sources and brokers.

Maran Gas adds new LNG carrier to its fleet

Greece’s Maran Gas, the gas shipping unit of Angelicoussis, has added one more newbuild liquefied natural gas carrier to...