DSME wins more LNG carrier orders from Maran Gas

Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) has received orders worth $2.72 billion for eight vessels, including LNG carriers, from Greek shipping company Maran Gas.

Courtesy of DSME

DSME won an order for eight vessels, including two LNG carriers and six container ships. Maran Gas Maritime, a subsidiary of the Angelicoussis Group, Greece’s largest shipping company, has ordered these ships.

The construction of the ships will take place at the Okpo shipyard. Maran Gas will receive them in the second half of 2025.

The LNG carriers ordered have a capacity of 174,000 cubic meters. This model features a high-pressure dual-fuel propulsion engine (ME-GI) and a more advanced reliquefaction system. Therefore, it can significantly reduce exhaust gas emissions into the atmosphere. As a result, it is possible to respond effectively to the tightened regulations on GHG emissions.

Orders for LNG carriers are set to increase continuously in line with the global trend towards decarbonization. As a result, DSME expects to occupy an advantageous position.

According to Clarkson Research, the shipyard has built 174 (about 25%), the world’s largest number of 686 LNG carriers currently in service.

In addition, the shipyard is equipped with a high-pressure dual-fuel propulsion engine (ME-GI) as well as the low-pressure dual-fuel propulsion engine (XDF/ME-GA). These are the main drivers in which shipowners are increasingly interested in the market.

In addition, DSME claims to be at the forefront of technology in related fields based on its experience in building the world’s first LNG-related products such as icebreaker LNG carriers, LNG-FSRUs, LNG-FSUs, etc

A shipbuilder official said: “In just one month, we have obtained the same number of orders received in May last year (about 2.74 billion dollars). We will do our best to secure work and profitability through selected orders .

To date, DSME has won orders for a total of 12 vessels/units. This specifically includes five LNG carriers, six container ships and an offshore plant.

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