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