Alpha Gas orders LNG duo at Daewoo

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Alpha Gas has ordered a pair of 173,400-cbm liquefied natural gas (LNG) carriers from South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering.

The order for both LNG tankers is worth approximately $370 million, according to a Daewoo statement.

The ships, which will be built at DSME’s Okpo shipyard in Geoje, are scheduled for delivery by the end of 2020.

Daewoo said in the statement it expects more LNG orders to follow as the market has improved when compared to last year and ship prices were rising.

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