South Korea’s DSME cancels LNG carrier order

South Korean shipbuilding giant Daewoo Shipbuilding and Marine Engineering said it has terminated an order for one LNG carrier after a European shipowner missed the payment deadline. DSME said in a stock exchange filling this order is related to a contract it had won in October 2020, worth about 1.1 trillion won ($872 million), for … Continue reading South Korea’s DSME cancels LNG carrier order