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

Galp wins Calcasieu Pass arbitration against Venture Global

Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.

Seatrium scores Excelerate FSRU conversion gig

Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from US FSRU player Excelerate Energy.

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.