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Hanwha Ocean wins Qatari LNG carrier orders

Photo of Sam Chambers Sam ChambersMarch 5, 2024
1,396 Less than a minute
Hanwha Ocean

Qatar Energy’s fleet expansion scheme proceeds apace with a contract signed this week for 12 LNG carriers with Hanwha Ocean, the Korean yard formerly known as Daewoo Shipbuilding & Marine Engineering. Prices and delivery schedules have yet to be revealed. 

Last month, another Korean major yard, Samsung Heavy Industries, won an order from Qatar Energy for 15 gas carriers worth $3.44bn, while in October last year HD Hyundai Heavy Industries confirmed a record-breaking $3.9bn deal to build 17 LNG carriers for the same owner. 

Qatar Energy’s gas fleet expansion is also taking it to China for a round of orders. 

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Photo of Sam Chambers Sam ChambersMarch 5, 2024
1,396 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.
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