DSME Nabs Order for 18th LNG Carrier in 2018

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.

Image Courtesy: DSME

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