DSME Bags Order for FSRU, LNG Carrier

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has won an order for the construction of a Floating Storage Regasification Unit (FSRU) and an LNG carrier, the shipbuilder said.

The FSRU and the LNG carrier newbuilds are valued at a total of KRW 430.5 billion (USD 391.7 million).

The contract was signed on December 6 with an undisclosed shipowner from Oceania, according to DSME.

However, Korean news agency Yonhap reported that Maran Gas Maritime, a unit of Angelicoussis Shipping Group (ASGL) was behind the order, and that the contract also includes a very large crude carrier (VLCC).

This would bring the total contract value to USD 480 million, based on the data from Asiasis.

The two ships, confirmed by DSME, are expected to be delivered to their owner by May, 2020.

World Maritime News Staff