Singapore-based oil and gas transporter BW Group has returned to South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) for two liquefied natural gas (LNG) carriers.

The newbuilding contract for the two 174,000cbm LNG carriers is valued at around KRW478bn (US$403m), and the vessels are scheduled for delivery in the first half of 2019.

The vessels will feature around 295m in length, 46m in width, and they will be built at DSME Okpo shipyard in Geoje.

Back in August, BW LPG ordered four very large gas carriers (VLGCs) at DSME, set for delivery in the second half of 2016.