Maran Gas orders two LNG carriers at Hanwha Ocean

Greece’s Maran Gas, the gas shipping unit of Angelicoussis, has ordered two liquefied natural gas (LNG) carriers from South Korean shipbuilder Hanwha Ocean, according to shipbuilding sources.

Hanwha Ocean said in a stock exchange filing on Wednesday that it will build two LNG carriers for an unidentified African owner.

The contract is worth 756.3 billion won ($501 million), or $250.5 million per vessel.

Hanwha Ocean will deliver the newbuild LNG carriers by May 2029.

The shipbuilder did not provide further information.

In addition to LNG carriers, Hanwha Ocean won an order for three VLCCs worth 588.7 billion won ($390 million) from an Oceania-based owner.

Shipbuilding sources told LNG Prime that Maran Gas returned to Hanwha Ocean to order two more LNG carriers, while Maran Tankers ordered the VLCCs, which are not LNG dual-fuel vessels.

In November 2024, Hanwha Ocean secured a new order from Maran Gas to build two LNG carriers.

Including this latest order, Maran Gas has ordered a total of 15 LNG carriers at Hanwha Ocean since November 2021.

Hanwha Ocean delivered the 174,000-cbm LNG carrier, Maran Gas Antiparos, earlier this year.

This is the fourth vessel in a series of thirteen ships.

Maran Gas has at least 51 operational ships under management, with nine vessels on order, its website shows.

On the other hand, Hanwha Ocean won orders for four LNG carriers this year.

Prior to this order, Greece’s Alpha Gas placed an order in January this year for two LNG carriers valued at approximately $501 million.

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