Daewoo Shipbuilding receives orders for 8 large gas carriers

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Daewoo Shipbuilding receives orders for 8 large gas carriers

Daewoo Shipbuilding and Marine Engineering, one of the nation’s top three shipbuilders, said yesterday it secured two orders worth a total of $640 million to build eight very large gas carriers (VLGCs) for two Asian companies.

The shipbuilder said the companies ordered four carriers each. They are expected to be delivered by the second half of 2016.

The ships will be built in the company’s Okpo Shipyard in Geoje, South Gyeongsang. The size of a carrier would be 226 meters (741 feet) long and 36.6 meters wide, enough to carry 84,000 cubic meters of liquefied petroleum gas, according to DSME. The company so far won orders for 14 vessels worth $1.44 billion this year.

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