DSME ends 2014 with new LNG carrier orders

DSME ends 2014 with new LNG carrier orders

South Korea’s Daewoo Shipbuilding & Marine Engineering ended its year on a high with new orders for LNG carriers.

As the company said in a statement, it has received an order from Maran Gas Maritime, a unit of Angelicoussis Shipping Group, for four new 173,400 cbm LNG carriers revising an earlier order for VLECs that were ordered by Maran Tankers, another Angelicoussis company.

The order is estimated at US$600 million meaning US$400 million for new vessels and US$200 million for contract revisions.

In addition to that order, DSME said it has received an order for five more LNG newbuildings for Yamal LNG project, which will be delivered to an unnamed buyer from Asia for an approximate value of US$1.5 billion.

DSME’s orders totaled US$14,9 billion in the past year which meant the company has managed to pass the target of US$14.5 billion set earlier in the year.

LNG World News Staff; Image: DSME

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