DSME refused to build a ship for the russians

The Korean shipbuilding giant DSME has terminated another contract with a russian customer.

The South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) terminated the contract for the construction of an LNG carrier for a customer from russia, writes Gospodarka Morska.

This decision was made due to delays in payments and interruptions in supplies of equipment and materials due to export sanctions imposed against russia. Before that, two more orders were canceled in May and June.

It is likely that the anonymous customer is the russian gas company Novatek, which in 2020 ordered three LNG tankers for export to Yamal.

As previously reported by USM, DSME also terminated contracts for the construction of tankers for the russian Sovcomflot.