Greek shipowner, George Economou, has placed an order for four LNG carriers worth $848 million from Daewoo Shipbuilding & Marine Engineering Co., South Korea’s No. 2 shipbuilder, Yonhap News reports.
The vessels are scheduled to be delivered by 2014 and the contract includes an option for two addition LNG ships.
The vessels will each carry a dual-fuel-diesel-electric engine that enables them to switch from diesel to LNG, the news agency reported the company as saying.
In June, Daewoo Shipbuilding won a contract with another Greek company, Angelicoussis Group, to build two LNG vessels.
Join the 62,331 members that receive our newsletter.
Have a news tip? Let us know.
By Aaron Kirchfeld (Bloomberg) Volkswagen AG is disappointed with the offers so far for its MAN Energy Solutions division, which makes diesel engines for ships and power generators, according to...
by Sarah Young (Reuters) – Rolls-Royce said it would exceed its 2020 guidance as it announced new ambitious mid-term goals, sending its shares to four-year highs and reflecting investor faith that...
By Jennifer A. Dlouhy (Bloomberg) — Despite Interior Secretary Ryan Zinke’s Jan. 9 declaration that Florida is “off the table” for offshore oil drilling, that activity is actually still on...
