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DSME Wins Order for 3 Super-Sized Crude Carriers Worth 282 Bil. Won

Daewoo Shipbuilding & Marine Engineering (DSME) said on Dec. 3 that it has won a 282 billion won order for three super-large crude carriers from ADNOC, a state-run oil company in Abu Dhabi, the United Arab Emirates (UAE).

The crude carriers satisfy the second phase of the Energy Efficiency Design Index (EEDI), a regulation on greenhouse gas emissions introduced by the International Maritime Organization (IMO) in 2020. They will be built at DSME’s Okpo Shipyard and delivered to the client by the first quarter of 2023.

“ADNOC has awarded an order for super-large crude oil carriers to a Korean shipbuilder for the first time,” a DSME official said. “This contract includes three optional units. We will do our best to build vessels with the highest quality and maintain a lasting amicable relationship with ADNOC.”

DSME is expected to use the option of using low sulfur oil instead of installing a scrubber, a desulfurization device, or changing the vessel to a dual-fuel ship that can use LNG as its fuel in the future. If ADNOC wants the vessel built as an LNG-powered ship, it will be the industry’s first ultra-large crude oil carrier to have a high-pressure double-fuel engine (ME-GI engine) and a fuel tank made of high manganese steel.

DSME built 161, the largest number, of the 834 super-large crude carriers currently in operation around the world as of November, according to Clarkson Research,

Meanwhile, in 2020, DSME won orders for nine LNG carriers (including LNG-floating storage units (LNG-FSUs) and floating storage regasification units (FSRU)), four container ships, two shuttle tankers, five very large crude carriers (VLCCs), and one very large crude gas carrier (VLGC), attaining about 56.3 percent of its order-taking target.
Source: Business Korea

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