DSME Wins LNG Ship Order from Maran Gas

South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co (DSME) said  that it has won a deal to build a liquefied natural gas (LNG) carrier from Maran Gas Maritime (MGM).

The affiliate of Greece’s largest shipper, Angelicoussis Shipping Group ordered the 174,000 cbm unit on June 12.

According to Yonhap, The vessel will be built at Geoje Okpo Shipyard and is scheduled for delivery by the first half of 2022.

The Korean shipbuilder said that Maran Gas Maritime is one of its biggest customers who has ordered five of its six LNG carrier newbuilds this year and is also discussing additional LNG carrier orders.

With the order, Daewoo Shipbuilding has achieved 32 percent, or US$2.69 billion, of this year's annual target of $8.37 billion, it said.

The large LNG carriers are equipped with its inhouse developed Advanced Partial Re-liquefaction System (A-PRS) to help reduce vessel operating costs, said DSME.