According to reports, Daewoo Shipbuilding & Marine Engineering Co has secured an order worth 690m from Qatar Gas Transport Company to build three liquefied natural gas carriers.
The vessels will be delivered by April 2009. The shipbuilder plans to boost its annual production capacity of LNG carriers to 15 from eight ships now by 2008.
Source: Forbes
Related News
23 Jun 2026
Petrobras Orders Four New Tankers in $427M Fleet Renewal Push
Brazil's state-controlled oil company Petrobras has signed a $427 million contract through its logistics subsidiary Petrobras…
18 Jun 2026
Post-War Gulf Faces Push for Alternative Export Routes
Middle East oil producers face a reckoning. The Iran war exposed the dangers of relying on a single chokepoint for vital oil and gas exports…
18 Jun 2026
Oil Drops to 3-Month Low as US-Iran Deal Signals Supply Return
Oil prices fell by more than $2 per barrel on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war…
17 Jun 2026
Korean Partners to Develop Robotic “Total Hull Care Solution”
HD Hyundai Heavy Industries and five other HD Hyundai affiliates are embarking on the development of a robot and data-based…