Adnoc Logistics & Services has firmed up an LNG carrier newbuilding order worth up to $2.5bn in total at two South Korean shipyards, with prices for the vessels coming in at under the prevailing steamy $260m per ship.

In stock exchange announcements, shipbuilders Hanwha Ocean and Samsung Heavy Industries reported new contracts for four LNG carrier newbuildings, each dated from 30 June, squeezing into and bolstering the first-half tallies of ships contracted for this sector.