
Hanwha Ocean has secured a significant order for two LNG carriers worth 713.5 billion won from Maran Gas Maritime Inc., a subsidiary of Greece’s largest shipping company, the Angelicoussis Group. The announcement was made on Nov. 11, with the vessels scheduled for delivery in 2027. This contract also includes an option for two additional vessels, indicating potential future orders and further strengthening the long-standing partnership between the two companies.
The newly ordered LNG carriers are large-scale vessels with a capacity of 174,000㎥. They will be constructed at Hanwha Ocean’s Geoje Shipyard in South Gyeongsang Province and will feature the company’s renowned natural gas propulsion engine (ME-GI) and a full re-liquefaction system (FRS). These advanced technologies are designed to enhance fuel efficiency and reduce pollutant emissions compared to existing LNG carriers. Additionally, the vessels will incorporate Hanwha Ocean’s latest eco-friendly technologies, such as the air lubrication system (ALS) and the shaft generator motor system (SGM), which are part of the company’s smart energy-saving systems.
The Angelicoussis Group has been Hanwha Ocean’s largest customer since placing its first order in 1994. To date, the group has ordered a total of 123 vessels from Hanwha Ocean, with the total value of these orders exceeding $15 billion, amounting to over 20 trillion won. A representative from Hanwha Ocean commented on the enduring relationship, stating, “The 30-year partnership is based on trust in the shipyard’s technological capabilities,” and added, “We will repay this trust by constructing the highest quality vessels.”
This year alone, Hanwha Ocean has secured orders for 39 vessels, including 19 LNG carriers and LNG-FSRUs, 7 very large crude carriers (VLCCs), 6 container ships, 3 ammonia carriers, 1 offshore unit, and 3 special-purpose ships. The total value of these orders is $8.37 billion (11.64 trillion won), more than double last year’s order value of $3.52 billion. With the latest order from Maran Gas, Hanwha Ocean’s total orders for the year have reached 11.64 trillion won.
Source : Businesskorea
Related News.
November 6, 2026
India joins ISF Verify, bringing trusted digital certification within reach of 30 per cent of the global seafarer workforce
Agreement with the world’s second-largest seafarer supply country marks a major milestone for global digital certification. The Directorate General…
November 6, 2026
OpenGate Capital to acquire Maersk Training, the Global Safety Training and Gas-Safety Services Business of Maersk
OpenGate Capital, a global private equity firm, announced today that it has signed a definitive agreement to acquire Maersk Training and its…
November 6, 2026
Can AI Save the Planet? Planet Classroom examines AI’s Climate Impact, Energy Demands and Clean Energy Solutions
C. M. (Cathy) Rubin and The Nest Campus CEO Peter Gilmer explore AI's growing environmental footprint, billions in climate investment, and the…
November 6, 2026
Smart Port Market Size to be valued at USD 23.10 Billion by 2034; Increasing Volume of International Maritime Trade to Boost Market Development: Fortune Business Insights™
The global smart port market size was valued at USD 3.4 billion in 2025 and is expected to be worth USD 4.2 billion in 2026. The market is projected…
November 6, 2026
Closer cooperation with India can strengthen Danish shipping
Minister of Business and Competitiveness Martin Lidegaard is leading a Danish business delegation to India. Green shipping is among the…
November 6, 2026
IRClass Academy and PIP Makassar strengthen Executive Maritime Capability through IMPDP 2026
Indian Register of Shipping , through its professional training and development arm IRClass Academy, has further strengthened its engagement in…
November 6, 2026
MOL, Sharp, IOM Implement Solar Panel Donation Project
Move Will Enhance Living Conditions in Power-short Areas of Kenya Mitsui O.S.K. Lines, announced the donation of solar power panels to communities in…
November 6, 2026
Intermodal Report Week 44 2026
Pls find below the Intermodal Report - Week 44 2026 Intermodal Report Week 44 2026
November 6, 2026
Allied Weekly Market Review Week 44
Pls find below the Allied - Weekly Market Review - Week 44 ALLIED - Weekly Market Report- Week 44
November 6, 2026
Nor-Shipping partners with Marketing in Maritime to deliver Marketing & Communications day and awards in 2027
Nor-Shipping is partnering with Marketing in Maritime to deliver a dedicated Marketing & Communications Day and awards initiative at the 2027…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























