LNG Carrier Order
Daewoo Shipbuilding & Marine Engineering (DSME) announced on November 21 that it won an order worth US$200 million to construct a fuel-efficient and eco-friendly liquefied natural gas (LNG) tanker from a US-based company. The LNG carrier is scheduled to be delivered by early 2017.
The deal was an extension of an LNG ship contract that was obtained at the end of July. Under the contract, three additional carriers can be ordered, and therefore an extra order for an LNG tanker is possible in the future.
The LNG carrier will be equipped with an eco-friendly gas engine (ME-GI engine), made by the world’s largest ship engine-maker MAN Diesel & Turbo, along with DSME’s patented high-tension gas feeder.
The tanker that incorporates the two companies’ cutting-edge technologies will be 20% more fuel efficient than conventional LNG carriers based on a dual fuel diesel electric engine. The LNG-using eco-friendly engine emits 30% less pollutants such as carbon dioxide, nitrogenous compounds, and sulfur compounds than a diesel engine does.
So far, DSME has won all five natural gas-fueled LNG carrier orders in the global market, which include two contracts signed in December 2012 and July 2013 to build two similar LNG tankers, and this most recent one.