DSME Bags VLGC Duo
- Business & Finance
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has secured orders for two 84,000-cubic-meter very large gas carriers (VLGCs) from an Asian client.
The price tag of the two vessels, to be built at Okpo yard, stands at a total of USD 160 million. The delivery of the vessels is slated for 2017.
DSME has booked 12 VLGC orders this year alone.
DSME has seen a healthy order intake over the previous period, putting DSME’s 2014 secured orders value at approximately 5.8 billion USD.
Only in July, DSME inked new orders for nine Arc 7 icebreaking LNG carriers.
DSME received six LNG carrier orders from Teekay & CLNG, a joint venture between Canada’s Teekay and China’s CLNG, and the remaining three orders are with MOL & CSLNG, a joint venture between Japan’s MOL and China’s CSLNG.