DSME to build two LNG carriers for Greece’s Maran Gas

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering said it has received an order from Maria Angelicoussis-led Maran Gas to build two LNG carriers.

DSME said it would build the 174,000-cbm vessels for the Greek shipping firm for 486.7 billion won ($411 million).

Moreover, the contract includes an option for two additional LNG carriers.

The shipbuilder will deliver the vessels by November 2024.

Maria Angelicoussis, who is also the head of parent Angelicoussis Shipping Group, signed the new contract with DSME’s CEO Lee Sung-geun on November 10.

Angelicoussis has booked 112 ships at DSME since 1994. Recently, DSME delivered the 174,000-cbm LNG carrier Isabella to Maran Gas.

The Korean yard has this year won about $9.19 billion in orders, achieving 119 percent of its annual target.

These orders include very large crude carriers, LPG carriers, containerships, nine LNG carriers, and one wind turbine installation vessel (WTIV).

Most Popular

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

More News Like This

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.

Maran Tankers adds LNG-powered newbuild to its fleet

Maran Tankers Management, the oil tanker unit of Greece’s Angelicoussis Shipping Group, has taken delivery of another LNG dual-fuel Suezmax oil tanker in China.

Knutsen orders another LNG carrier at Hanwha Ocean

Norwegian owner Knutsen has ordered another liquefied natural gas (LNG) carrier from South Korea's Hanwha Ocean, according to shipbuilding sources.

Knutsen orders LNG carrier at Hanwha Ocean

Norwegian owner Knutsen has ordered one liquefied natural gas (LNG) carrier from South Korea's Hanwha Ocean, according to shipbuilding sources.