Daewoo Shipbuilding & Marine Engineering Co. (DSME), a major shipyard here, said Friday it has received an order to build a liquefied natural gas ship for a Greek company.

Maran Gas Chooses Daewoo Shipbuilding For Latest LNG ship
Caption: Gas carrier built by DSME - Image courtesy of DSME

Daewoo Shipbuilding will build the 174,000 cubic meter LNG carrier for Maran Gas Maritime Inc., the gas shipping unit of Angelicoussis Shipping Group, by the first half of 2021, the company said in a statement.

But the company didn’t provide the value of the contract, citing a confidentiality agreement.

Daewoo Shipbuilding has obtained US$740 million worth of orders so far this year to build seven ships, including oil tankers, it said.

Daewoo Shipbuilding is aiming to win $8 billion worth of new orders in 2019, up 10 percent from last year’s order target of $7.3 billion.

For the whole of 2018, the shipyard clinched deals valued at $6.81 billion.

Source: Yonhap