The Korea Herald

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Daewoo Shipbuilding wins $800 mln worth of orders for LNG carriers

By KH디지털2

Published : Jan. 22, 2015 - 11:44

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Daewoo Shipbuilding & Marine Engineering Co., the world's second-biggest shipyard, has signed deals worth a combined $800 million to build four liquefied natural gas carriers, the shipbuilder said Thursday.

Under the deals signed Wednesday with Korea Line Corp. and Hyundai LNG Shipping Co., the shipbuilder will deliver the LNG carriers by May 2017, the company said in an e-mailed statement.

The latest orders are the first for Daewoo Shipbuilding in 2015.

The state-run Korea Gas Corp. had placed orders in October for six LNG carriers to bring in shale gas from the United States. Four of the orders went to the two local shippers.

Daewoo Shipbuilding had obtained orders for 37 LNG carriers in 2014. (Yonhap)