NEWS&NOTICE
Subject DSME wins a US$ 519 million contract for two LNG carriers from Maran Gas Maritime
Reg. date 2023-03-14 Views 2560

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Image: DSME

[LNG Prime/ March 14, 2023] ​South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering has received a new order from Maria Angelicoussis-led Maran Gas to build two LNG carriers.

 

DSME revealed this order on Tuesday saying the deal is worth 679.4 billion won ($512.5 million) or about $256.2 million per vessel, which is a record price for one 174,000-cbm LNG carrier.

 

The shipbuilder plans to deliver the two LNG carriers by June 2027.

 

Including these vessels, Maran Gas ordered in total 11 LNG carriers at DSME since November 2021.

 

Maran Gas booked a single LNG carrier in November last year and two LNG carriers in June.

 

In addition, Angelicoussis and its units have booked 121 ships with the shipbuilder since 1994, according to DSME.

 

DSME won its first LNG carrier order for this year in February.

 

In total, the shipbuilder now has four orders worth about $800 million, including for three LNG carriers.

 

It achieved about 11.5 percent of this year’s target of $6.98 billion.

 

Last year, DSME set a record for the largest number of orders for LNG carriers in a year since its establishment, surpassing its yearly record of 37 LNG carriers in 2014.

 

The shipbuilder, which is being acquired by Hanwha, won orders for a total of 38 LNG carriers in 2022.