DSME wins single LNG carrier order worth about $239 million

South Korea’s shipbuilder Daewoo Shipbuilding and Marine Engineering has received an order for one liquefied natural gas (LNG) carrier worth about $239 million.

DSME will build the 174,000-cbm LNG carrier for an unidentified owner in Asia and deliver it by August 2026.

The shipbuilder said the deal has a price tag of 311.2 billion won or about $239 million.

Also, the vessel would feature MAN ME-GA engine and a reliquefaction system.

One shipbuilding source said that the owner behind this order is likely Japan’s MOL. LNG Prime could not confirm this by the time this article was published.

With this order, DSME secured contracts worth about $6.67 billion for 29 ships this year, including six LNG-powered containerships and 21 LNG tankers.

DSME has now achieved about 75 percent of its annual target of $8.9 billion.

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

Most Popular

Venture Global files for IPO, plans to boost LNG export capacity to 104 mtpa

According to an SEC filing, Venture Global plans to list its Class A common shares under the symbol "VG"...

German FSRU terminal operator to get $4.23 billion boost

According to a statement by the Commission, the measure contributes to the achievement of the objectives of the REPowerEU...

Cheniere’s Corpus Christi expansion project nears first LNG

According to a filing with the US FERC dated December 20, Corpus Christi Liquefaction requests to introduce FEED gas...

More News Like This

Greece’s Maran Gas to order more LNG carriers in South Korea

Sources told LNG Prime on Thursday that the deal includes two 174,000-cbm LNG carriers powered by ME-GI engines. Hanwha Ocean...

Hanwha Ocean scores $1.26 billion order for LNG-powered containerships

Hanwha Ocean said on Thursday it will build six containerships with a capacity of 15,000 teu. The order is worth...

South Korea’s Hanwha Ocean appoints new FLNG head

Hanwha Ocean announced the appointment in a social media post on Friday. "With extensive executive leadership experience in various roles...

GasLog takes delivery of LNG carrier in South Korea

Greece’s GasLog has taken delivery of a new liquefied natural gas (LNG) carrier from Hanwha Ocean in South Korea. According...