Daewoo gets US$2.8b order for ice-class LNG ships

[SINGAPORE] Daewoo Shipbuilding & Marine Engineering Co won an order valued at as much as US$2.8 billion for nine ice-class vessels that will haul gas from the Yamal LNG project in Russia, according to people familiar with the matter.

Mitsui OSK Lines of Japan will buy and operate three of the ships, according to the four people, who asked not to be identified because the order hasn't been announced.

The liquefied natural gas project is on an Ob River estuary, which is iced over for nine months of the year, according to the website of Total SA, one of the venture's partners.