Maran declares options for LNG carrier and FSRU at Daewoo

Angelicoussis

John Angelicoussis has declared options for a further LNG carrier and his second floating storage and regasification unit (FSRU) at the South Korean yard, Daewoo S & ME.

Angelicoussis’ Maran Gas Maritime will take delivery of the two 173,400 cumtr units in the second half of 2020. No price details were immediately available, but Angelicoussis said at an ABS briefing on June 4 that he believed LNG newbuilding prices will climb back above $200m within the next 12 months. The options were declared just as the six month deadline to do so wasto expire. Maran Gas ordered its first FSRU at the South Korean yard in February 2017.

Hull No 2477 is also due for delivery in 2020, although scheduled for an earlier handover in March. Maran Gas’ declared option for the LNG ship will bring the number ofsuch vesselsthe company has under construction to nine – all built at Daewoo and nominated to fly the Greek flag, in line with Angelicoussis policy. At Posidonia 2016, Maran Tankers and Martan Gas signed orders for two firm, two options 318,850dwt VLCCs at $84.6m and two 180,000cumtr LNG carriers, worth $185m each.

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