DSME secures LNG carrier duo order

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has clinched an order for LNG carrier duo from an Oceania-based shipowner. 

The company said on Thursday, the contract value for the two liquefied natural gas tankers is at 389 billion won ($365 million).

The two vessels with the capacity to transport 173,400 cubic meters of the chilled fuel each are scheduled for delivery in the first half of 2021.

Both vessels will be outfitted with M-type, Electronically Controlled, Gas Injection (MEGI) engines and a full reliquefaction system.

The shipbuilder noted it has received the majority of orders secured by South Korean shipyards this year. Out of 13 clinched by the South Korean giants, DSME has received orders for 6 vessels this year. In total, 14 LNG carriers have been ordered this year.

In total, the shipyards secured orders for a total of 12 vessels this year totaling at $1.55 billion.