Greek shipowner TMS Cardiff Gas is being named as the shipowner behind an order for two LNG carrier newbuildings worth KRW 595.5bn ($423.8m) at South Korean yard Daewoo Shipbuilding & Marine Engineering backed by long-term charters with Middle East producing giant QatarEnergy.

DSME reported on Thursday that it had secured the two LNG vessels with the value giving a per ship price of $211.9m.

The shipbuilder, which did not name the owner contracting the vessels, said the LNG carriers are due for delivery by the third quarter of 2026.