AsiaEuropeGasShipyards

DSME wins up to four LNG carriers

Photo of Sam Chambers Sam ChambersMarch 2, 2017
2 4 Less than a minute

John Fredriksen’s Flex LNG is being widely tipped as the mystery European owner behind an order at Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea for two firm plus two options of LNG carriers.

All four 173,4000 cu m are priced at $728m, which will come as a massive fillip to struggling DSME. The 295 m long, dual fuel ships will deliver in 2019.

Fredriksen’s crude tanker firm, Frontline, recently swooped for a pair of VLCC resales also under construction at DSME and due for delivery later this year.

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Photo of Sam Chambers Sam ChambersMarch 2, 2017
2 4 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Comments

    1. Thanks Halvor, well spotted. It used to be I believe, but I think it should read Flex LNG rather than Golar. Have updated it.

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