DSME smoothly filling order book for 2012

Daewoo Shipbuilding & Marine Engineering (DSME, CEO Jae-Ho Ko) announced the company landed its first order for 2012.

DSME entered into a shipbuilding contract with the Angelicoussis Group on April 12th. Mr. Ko, the CEO of DSME, and Mr. John Angelicoussis, the chairman of Angelicoussis Group, signed on the order book for 2 x 160,000㎥ LNG carriers in Athens, Greece.

The vessels will be built at Okpo Shipyard and delivered in mid 2015. After delivery, Maran Gas Maritime, a gas sector subsidiary of Angelicoussis Group, will sail the ships.

At the contract ceremony, Mr. Man-Ho Sung, chairman of the labor union accompanied Mr. Ko and they made a resolution to succeed in the project. A representative of Maran Gas Maritime said, "We eagerly anticipate that DSME and its union join forces for a perfect result in this miserable ship building market."

Angelicoussis Group is the biggest shipping company in Greece which has hundreds vessels. The group has established amicable relations with DSME since 1994 when they made a first contract and now the group has a total of 60 vessels From DSME include 12 LNG carriers, 13 VLCCs. < 김보람 기자 brkim@ksg.co.kr >