Greek ship owner Chandris has exercised an option for another LNG carrier at Daewoo Shipbuilding & Marine Engineering (DSME).
DSME said on 20 July that Chandris signed for another 173,400 m³ LNG carrier to service a joint venture the Greek company has with Japan’s ‘K’ Line.
The ship, to be fitted with M-type electronically-controlled gas-injection (ME-GI) propulsion systems, is to be delivered within the first half of 2018.
The order comes seven months after Chandris ordered a similar ship at DSME in December 2014.
The price was not disclosed.
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DSME, which has been in the spotlight over its liquidity issues that have led to talk of a debt workout, sought to reassure market watchers, saying that its world-class shipbuilding technology and consistent quality have secured Chandris’ trust.
Chandris said, “The latest contract will make our co-operation with DSME closer. Our trust in DSME’s quality made us decide to sign this contract.”