DSME Nabs Order for 18th LNG Carrier in 2018

LNG CarrierImage Courtesy: DSME

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has inked a deal for the construction of an additional LNG carrier, pushing this year’s tally to 18.

The order has been placed by an unidentified shipowner from Oceania. The 174,000 cbm ship will feature the M-type, Electronically Controlled, Gas Injection (MEGI) engine and  full re-liquefaction system, the shipbuilder said. The newbuild is scheduled for delivery in 2021.

Furthermore, DSME has won a contract for the overhaul of KDX-I class destroyers. The latest deal adds USD 230 million to the company’s orderbook value.

“It was a good idea to have a sales strategy focused on high value-added vessels such as LNG carriers and special-purpose ships. We will do our best to achieve our order target until the end of the year, and we will continue to do so next year,” a DSME spokesperson said.

Just in December, DSME bagged a flurry of orders for LNG carriers: two from BW LNG, one from Maran Gas and three from unnamed owners.

Overall, DSME’s total orderbook for this year comprises 47 vessels worth USD 6.81 billion, hitting approximately 93% of the company’s orderbook target for this year of USD 7.3 billion.

These include 18 LNG carriers, 16 large-sized crude oil carriers, 16 ultra large containerships, and 6 special-purpose vessels.

World Maritime News Staff

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