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).

- Advertisements -

Most Popular

Shell launches largest bio-LNG plant in Germany

A unit of LNG giant Shell has launched what it says is the largest bio-LNG production plant in Germany. The...

Stena Bulk sells its last LNG carrier

Swedish shipping firm Stena Bulk has sold its last liquefied natural gas (LNG) carrier to an undisclosed Asian buyer. The...

Gulfstream LNG asks US FERC to start pre-filing process

Houston-based Gulfstream LNG is seeking approval from the US FERC to initiate the environmental pre-filing review for its mid-sized...

More News Like This

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...

South Korea’s Hanwha Ocean inks memorandum to build 12 LNG carriers

South Korean shipbuilder Hanwha Ocean, previously known as DSME, has signed a memorandum of agreement to build 12 liquefied...