Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Angelicoussis Books its 100th Ship at DSME

July 4, 2018

 South Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME) has bagged an order from the Angelicoussis Shipping Group’s unit Maran Gas Maritime, for a floating storage and regasification unit (FSRU). 

The local media which quoted DSME sources saying Tthat the vessel with a 173,400 cubic meter storage capacity is the 100th vessel ordered by the Angelicoussis Shipping Group at DSME since 1994.
 
The FSRU with a length of 295 meters and a width of 46 meters is scheduled for delivery in the first half of 2021.
 
According to a report in the Pulse, although the shipbuilder did not disclose the value of the deal, industry watchers estimated it would be worth 230 billion won ($206 million) to 250 billion won. 
 
Angelicoussis has ordered total 100 vessels to DSME worth a combined $11 billion since its first order of 98,000-ton crude carrier in 1994. Among them, 82 have been shipped and the rest 18 are being built at Okpo shipyard. 
 
“The constant orders from the shipping group means that it has a full confidence in our technology,” an official from DSME said. 
 

Logistics News

Russian Seaborne Oil Exports Rise 16.4% in August

Russian Seaborne Oil Exports Rise 16.4% in August

Iran Reroutes Russian Wheat Imports Through Caspian Sea

Iran Reroutes Russian Wheat Imports Through Caspian Sea

Strait of Hormuz Vessel Traffic Slows to a Trickle

Strait of Hormuz Vessel Traffic Slows to a Trickle

Panama Canal Stress: Is the Worst Dead Ahead?

Panama Canal Stress: Is the Worst Dead Ahead?

Subscribe for Maritime Logistics Professional E‑News

Finland conducts ship boarders at sea to prevent undersea sabotage
Officials in the US claim that two vessels bound for the US were allegedly compromised by hackers.
Officials in the US claim that two vessels bound for the US were allegedly compromised by hackers.