Daewoo Shipbuilding bags order for two LNG vessels

Sarah Carter
Sarah Carter

02 March 2017

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has clinched a $363 million deal to build two liquefied natural gas (LNG) carriers, Yonhap reported.

DSME will deliver the vessels by August 2019 to the unidentified customer. According to the report, the deal includes an option to build two more LNG ships.

Last month, DSME signed a letter of intent with a U.S. firm to build up to seven FSRUs.

Yonhap report said that rise in demand for LNG is likely to boost demand for LNG carriers, which in turn will help South Korean shipbuilders clinch more LNG ships and related facilities.

Samsung Heavy Industries won a US$230 million deal to build an FRSU in January.

As of now, there are some 21 FSRUs around the globe, with six more FSRUs under construction. South Korean shipbuilders have swept orders for FSRUs.