DSME clinches another LNG carrier order

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering said it has received an order to build a new large liquefied natural gas carrier, boosting this year’s tally to three LNG vessels.

DSME said in a stock exchange filing on Monday the order is worth about 247.7 billion won ($208 million).

Also, the shipbuilder will deliver the vessel to an unidentified owner in Oceania by the end of December 2024.

DSME did not reveal any additional information regarding the order.

One shipbuilding source told LNG Prime that Japan’s MOL could be the owner behind this order.

The new contract for DSME comes just two weeks after the yard won a deal from Maria Angelicoussis-led Maran Gas to build two 174,000-cbm LNG carriers.

Maran Gas exercised an option for these LNG carriers as part of the original order signed between the duo in November 2021.

This Maran Gas deal marked the first order for DSME this year. Including the new carrier, DSME secured orders worth about $1.17 billion for three LNG vessels and one field control station.

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

- Advertisements -

Most Popular

Venture Global’s Plaquemines LNG inks gas supply deal

Venture Global LNG's Plaquemines LNG has signed a natural gas sale and purchase deal with Houston-based midstream gas marketer...

Sempra, Bechtel ink EPC deal for Port Arthur LNG expansion project

US LNG exporter Sempra Infrastructure, a unit of Sempra, and compatriot engineering and construction firm Bechtel have finalized a...

German LNG terminal operator gets no bids in latest capacity auctions

State-owned LNG terminal operator Deutsche Energy Terminal will launch new capacity auctions for its FSRU-based facilities in Brunsbüttel and...

More News Like This

Adnoc L&S orders eight LNG carriers in South Korea

Adnoc Logistics & Services, a unit of UAE's energy giant Adnoc, has ordered eight liquefied natural gas (LNG) carriers...

South Korea’s Hanwha to increase stake in NextDecade

South Korean conglomerate Hanwha has agreed to buy more shares in US LNG firm NextDecade to increase its stake...

Hapag-Lloyd takes delivery of LNG-powered giant

Germany’s Hapag-Lloyd has taken delivery of a new ultra-large LNG-fueled containership from South Korea’s Hanwha Ocean. Hanwha Ocean, previously known...

Hapag-Lloyd welcomes new LNG-powered giant in its fleet

Germany’s Hapag-Lloyd has taken delivery of a new ultra-large LNG-powered containership from South Korea’s Hanwha Ocean. Hanwha Ocean, previously known...