South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has received a $400m order from Sweden-based Stena Bulk to build two liquefied natural gas (LNG) carriers.

The two 170,000cbm LNG carriers will be built at Geoje shipyard and are scheduled to be delivered in 2014.

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The newbuilds will increase Stena’s LNG carrier fleet strength to five vessels.