Keppel's US unit lands US$400m contract to build LNG vessels

Singapore

KEPPEL Corp's wholly owned offshore and marine unit has clinched a contract worth more than US$400 million from a Honolulu-based ocean shipping firm to build two liquefied natural gas (LNG) vessels.

Under the contract for the dual-fuel LNG vessels, secured by Keppel Offshore & Marine's wholly owned subsidiary Keppel AmFELS from Pasha Hawaii, one vessel is expected to be delivered in the first quarter of 2020 and the other in the third quarter that year.