South Korean shipbuilding giant Daewoo Shipbuilding and Marine Engineering (DSME) has secured an order for construction of six LNG carriers worth approximately $1.24 billion.

The order has been agreed with an undisclosed European shipowner, according to the shipyard’s filing with Korea stock exchange.

The vessels are scheduled for delivery by March 2019, as revealed in the filing.

In terms of specifications, the vessels are expected to feature ME-GI propulsion systems.

At the moment, DSME’s orderbook for this year amounts to KRW15.3 trillion.