DSME To Build 10 LNG-powered VLCCs

  • Daewoo Shipbuilding & Marine Engineering (DSME) said on Dec. 7 that it has signed a letter of intent to build 10 LNG-powered VLCCs with a European client.
  • An LOI is a document of an agreement before a main contract. Industry experts say that both sides will finally conclude the contract during the first quarter of 2021.
  • If the deal is sealed, DSME will build a 300,000-ton dual-fuel VLCC powered by oil or LNG for the first time.
  • Current LNG carriers are loaded with engines made of aluminum and...


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