This story requires a subscription
This includes a single user license.
Sources told LNG Prime on Thursday that the deal includes two 174,000-cbm LNG carriers powered by ME-GI engines.
Hanwha Ocean and Maria Angelicoussis-led Maran Gas are expected to sign the shipbuilding contract “very soon,” the sources said.
The contract price and delivery dates have not been revealed.
In March 2023, Maran Gas ordered two 174,000-cbm LNG carriers at Hanwha Ocean scheduled for delivery by June 2027.
The deal is worth about $512.5 million or about $256.2 million per vessel.
Including these vessels, Maran Gas has ordered a total of 11 LNG carriers at Hanwha Ocean since November 2021.
In addition, Angelicoussis and its units have booked 121 ships with the shipbuilder since 1994, Hanwha Ocean said at the time.
Maran Gas booked a single LNG carrier in November 2022 and two LNG carriers in June of the same year.
The company recently took delivery of the 174,000-cbm LNG carrier, Maran Gas Kimolos, from Hanwha Ocean.
Kimolos is the first in a series of 11 newbuilding LNG carriers on order with Hanwha Ocean to be delivered gradually between 2024 and 2027.
This latest series incorporates MGM’s ME-GI “Generation 3” specification, incorporating experience from 13 vessels already in service with the MAN ME-GI propulsion system.
Maran Gas has 48 ships under management and 10 vessels on order, its website shows.