Hyundai LNG Shipping places another LNG carrier order at DSME

South Korean shipowner Hyundai LNG Shipping has ordered another LNG carrier from compatriot shipbuilder Daewoo Shipbuilding and Marine Engineering.

The contract for the 174,000-cbm LNG carrier has a price tag of 227.8 billion won ($197.9) million), DSME said in a statement on Monday.

In addition, the Korean shipbuilder will deliver the vessel by the end of May 2024.

This order follows a similar contract the duo revealed in May this year for one LNG carrier that will go on charter to Spain’s Repsol.

According to DSME, this vessel will also serve Repsol under a long-term charter deal.

The vessel will feature MAN ME-GI propulsion and a reliquefaction system.

DSME has this year won about $6.33 billion in orders for 41 ships. These include very large crude carriers, LPG carriers, containerships, two LNG carriers, and one wind turbine installation vessel (WTIV).

Most Popular

CoolCo seeks long-term employment for two LNG carriers

In August, Coolco said it plans to employ its first newbuild LNG vessel, Kool Tiger, on a shorter deal...

BP, partners take FID on $7 billion Tangguh UCC project

BP said in a statement on Thursday the Tangguh Ubadari, CCUS, compression project (UCC) has the potential to unlock...

LNG Canada pipeline enters commercial service

Canada's TC Energy said on Tuesday CGL had executed a commercial agreement with LNG Canada and CGL customers that...

More News Like This

Greece’s Maran Gas to order more LNG carriers in South Korea

Sources told LNG Prime on Thursday that the deal includes two 174,000-cbm LNG carriers powered by ME-GI engines. Hanwha Ocean...

Hanwha Ocean scores $1.26 billion order for LNG-powered containerships

Hanwha Ocean said on Thursday it will build six containerships with a capacity of 15,000 teu. The order is worth...

South Korea’s Hanwha Ocean appoints new FLNG head

Hanwha Ocean announced the appointment in a social media post on Friday. "With extensive executive leadership experience in various roles...

GasLog takes delivery of LNG carrier in South Korea

Greece’s GasLog has taken delivery of a new liquefied natural gas (LNG) carrier from Hanwha Ocean in South Korea. According...