Under the contract worth around $248m, DSME will build the LNG carrier for an undisclosed shipowner.
According to an exchange filing, the vessel is scheduled for delivery by the end of March 2027. Further information about the carrier’s capacity and specifications was not revealed.
Last year, DSME exceeded its order target by 16%, winning $10.4bn (46 vessels) worth of orders. DSME and its compatriot shipbuilders secured the largest market share for high-value-added, eco-friendly vessel orders in 2022, bagging 58% of the total ordering tally for the year.
South Korea’s defense and energy conglomerate Hanwha Group is acquiring the shipbuilder which has been controlled by the state-run Korea Development Bank (KDB) for over 20 years, with several attempts made over that period to find a buyer falling through. Hanwha signed a $1.5bn agreement for the acquisition of a controlling stake in the shipbuilder in December 2022.
Copyright © 2023. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.