South Korean shipbuilders Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries have signed contracts on 11 LNG carrier newbuildings worth KRW 3.54trn ($2.6bn) in total against previously reserved berths for QatarEnergy and ExxonMobil.

DSME said on Tuesday that it has netted seven LNG orders worth KRW 2.37trn for vessels that will be delivered by February 2026.

The shipbuilder did not disclose the companies behind the orders.