The 9,000-cbm ship is worth KRW 30bn ($27m) and comes with an option for another vessel.

The 120-metre unit will sail at 15.2 knots.

Delivery is set for the fourth quarter of 2014 from the Busan yard.

STX has booked 14 ships worth $900m in the gas carrier sector this year.

In July, Geogas exercised an option for a midsize LPG newbulding at Hyundai Mipo Dockyard.

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