DMSE in Talks to Delay Delivery of LNG Carrier Duo

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) said in a stock exchange filing that it was in discussions on changes to the delivery schedule for a liquified natural gas (LNG) carrier pair.

The two ships were ordered by an unnamed European owner in October 2014 and were supposed to be delivered by the end of August this year.

DSME said the owner asked for the delivery to be pushed, but specific details on the new delivery dates were not released as talks are yet to be finalized.

The two LNG tankers were bought for KRW 428.6 billion (USD 379 million).

Separately, on September 4, the shipbuilder inked a contract with compatriot shipping company Hyundai Merchant Marine (HMM) for the construction of five VLCCs.

The contract for 300,000 DWT very large crude carriers, worth KRW 470 billion (USD 418 million) includes options for five more vessels.

The ships are scheduled to join their owner’s fleet by 2019.

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