Financial Ports

$1bn LNG quartet: Why Dynagas switched yards to Samsung

CLAVE 1 / 4Dynagas linked to $1.05bn order for four 200,000 cu m LNG carriers at Samsung Heavy Industries.

CLAVE 2 / 4Vessels will be delivered by September 2029, significantly larger than the dominant 174,000 cu m fleet design.

CLAVE 3 / 4Order marks first time Dynagas has chosen Samsung over HD Hyundai Heavy Industries for large LNG newbuildings.

CLAVE 4 / 4Procopiou’s group has committed to 20 newbuildings worth $3bn across vessel classes in roughly 10 days.

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