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    Daewoo Shipbuilding wins order for four LNGCs

Summary

The company has so far this year won orders amounting to over $8bn.

by: Shardul Sharma

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Complimentary, Natural Gas & LNG News, Asia/Oceania, Liquefied Natural Gas (LNG), Security of Supply, Corporate, Contracts and tenders, News By Country, South Korea

Daewoo Shipbuilding wins order for four LNGCs

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has won an order for four LNG carriers from an unnamed Asian shipowner, it said on September 14. These vessels will be built at the Okpo Shipyard and delivered in the second half of 2024.

The 174,000 m3 LNG carriers will be equipped with a dual fuel propulsion engine and a more advanced re-liquefaction system. They will be eco-friendly and can respond to stricter greenhouse gas emission regulations by significantly reducing gas emissions, DSME said.

With this order, the company has so far this year won orders amounting to over $8bn, achieving its 2021 target. At present, the order backlog is about $22.2bn, which means it has secured more than two years' worth of work, the company said.

This year DSME received orders for 46 vessels, including 16 container ships, 11 super-large crude oil carriers, nine super-large LPG carriers, six LNG carriers, one wind turbine installation vessel, one submarine, and two offshore plants.