Angelicoussis signs for more Korean gas carriers and a suezmax

Angelicoussis signs for more Korean gas carriers and a suezmax

Maran Gas Maritime, a unit of Greece’s Angelicoussis Shipping Group, is back at its favoured yard, Daewoo Shipbuilding & Marine Engineering (DSME), signing a contract to build two liquefied natural gas (LNG) carriers for about $380m.

The 174,000 cu m LNG carriers to be built at DSME’s Okpo shipyard in Korea and scheduled for delivery by the end of 2021. John Angelicoussis has now ordered an impressive 104 ships at DSME since 1994.

In related news, Maran Tankers, another Angelicoussis vehicle, has headed back to South Korea for another suezmax. According to Clarkson Research, Maran Tankers has placed a single order at Daehan Shipbuilding for a 157,000 dwt tanker.

The contact takes Maran’s suezmax tally on order at Daehan to three. This latest ship will deliver by the end of next year with Daehan now close to filling out its available slots for 2020.

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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