DSME bags US$495 million order for 2 LNG carriers

South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday it has won a 649.5 billion-won (US$495 million) order to build two liquefied natural gas (LNG) carriers from Europe.

DSME, the world’s No. 4 shipbuilder by order backlog, said it will construct the 174-cubic-meter LNG carriers in the Okpo shipyard on the south coast and deliver them to an undisclosed European shipper by November 2026.

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