DSME Succeeds in Winning an Order for Two LNG Carriers

Source: www.gulfoilandgas.com 1/6/2022, Location: Europe

- Received an order for two LNG carriers from Marangas, Greece at KRW 502.1 billion - Successfully won the first order early, bright prospects for this year

Daewoo Shipbuilding & Marine Engineering (DSME) received an order for two LNG carriers in the first week of the new year in 2022, brightening the outlook for the new year.

Daewoo Shipbuilding & Marine Engineering (CEO Lee Seong-geun) announced on the 6th that it had won an order for two LNG carriers from Maran Gas Maritime, a subsidiary of the Angelicoussis Group, the largest shipping company in Greece for 502.1 billion won. These ships will be built at Okpo Shipyard and delivered to the owner in the second half of 2025. This contract is the option volume of the ship contracted in November last year.

The LNG carrier ordered this time is a large 174,000m3 class LNG carrier, equipped with a dual fuel propulsion engine (ME-GI) and a more advanced gas management system, which is the main culprit of greenhouse gas emissions. The emission of gases to the atmosphere can be significantly reduced. Accordingly, it is possible to effectively respond to the strengthened greenhouse gas emission regulations.

Angelicoussis Group is the largest customer of Daewoo Shipbuilding & Marine Engineering, having ordered 114 ships from the first contract in 1994 until this contract. In particular, as the first new construction project of Chairman Maria Angelicussis, who took office last year, was entrusted to Daewoo Shipbuilding & Marine Engineering last November and the option was exercised in a short period of time this time, the shipowners once again confirmed the infinite trust in DSME's technology.

An official from Daewoo Shipbuilding & Marine Engineering said, "We succeeded in winning the first order about ten days earlier than last year, which was a booming year, so the outlook for this year is also bright." We will do our best to secure profitability.” end.

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