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THE INVESTOR
July 17, 2019
Big Reunion

Deals

#DSME wins US$380m order for 2 LNG ships

  • PUBLISHED :February 25, 2019 - 18:28
  • UPDATED :February 25, 2019 - 18:28
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Daewoo Shipbuilding & Marine Engineering said on Feb. 25 it has received a US$380 million order to build two liquefied natural gas-carrying ships.

Under the deal with Maran Gas Maritime, the gas shipping unit of Angelicoussis Shipping Group, Daewoo Shipbuilding will build the two 174,000-cubic-meter LNG carriers by the end of 2021, the company said in a statement.





DSME has obtained US$1.1 billion worth of orders so far this year to build nine ships, including six oil tankers, it said.

The shipbuilder aims to win US$8.37 billion worth of new orders in 2019, up 10 percent from last year’s order target of US$7.3 billion.

For the whole of 2018, the shipyard clinched deals valued at US$6.81 billion.

By Ram Garikipati and newswires (ram@heraldcorp.com)

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