Maria Angelicoussis-led Maran Gas Maritime has signed a deal with South Korean shipbuilder Hanwha Ocean for up to four LNG carrier newbuildings.

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Hanwha Ocean won a contract worth KRW 713.5bn ($511.4m) from the Angelicoussis Group to build two 174,000-cbm LNG carriers — valuing the newbuildings at about $255.2m