UPDATE : 2019.12.10 TUE 10:58
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Daewoo Shipbuilding clinches order for LNG carrier

Daewoo Shipbuilding & Marine Engineering Co., a major South Korean shipyard, said on April. 10, 2019 that it has secured a deal to build a liquefied natural gas carrier.

Under the deal with Maran Gas Maritime Inc., the gas shipping unit of Angelicoussis Shipping Group, Daewoo Shipbuilding will deliver the 174,000-cubic meter LNG ship during the first quarter of 2022, the company said in a statement.

Daewoo Shipbuilding & Marine Engineering Co. President Lee Sung-keun (right) shakes hands with Angelicoussis Shipping Group Chairman John Angelicoussis, after signing a deal to build a LNG carrier, in Greece, on April 9, 2019.

The deal is estimated to be worth some US$188 million, industry sources said.

Since 1994, Daewoo Shipbuilding has secured orders from the Greek shipping firm to build a total of 105 ships.

With the latest deal, Daewoo Shipbuilding has bagged orders worth a combined $1.3 billion to build 10 vessels, including four LNG ships.

The shipyard is targeting to win orders worth $8.37 billion for the year. (Yonhap)

Park Byung-uk  edt@koreapost.com

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