Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Samsung Heavy kicks off work on Minerva LNG carrier

South Korea’s Samsung Heavy Industries has officially started building a 174,000-cbm LNG carrier for Greek firm Minerva Gas, a unit of Minerva Marine.

Minerva Gas announced the steel-cutting ceremony via its social media on Sunday.

The ceremony for the LNG carrier with a hull name SN2653 took place on November 8.

Minerva Gas did not provide further information.

VesselsValue data shows that Minerva Gas ordered this LNG carrier and its sister vessel (SN 2652) in November 2022.

Sources said at the time that these vessels are expected to serve US energy giant ExxonMobil under charter deals.

Minerva Gas will pay about $215 million per vessel.

These ME-GA vessels feature GTT’s Mark III Flex containment system, and are scheduled for delivery in 2026.

Samsung Heavy kicks off work on Minerva LNG carrier
Image: Minerva Gas

Minerva Gas currently has five LNG operational LNG carriers.

In October 2022, Minerva Gas took delivery of the 174,000-cbm LNG carrier Minerva Amorgos from Samsung Heavy.

This is the final LNG carrier in a batch of three vessels SHI built for the Greek firm.

SHI delivered the 174,000-cbm Minerva Kalymnos in February 2021 followed by Minerva Chios in August the same year.

All of the sister LNG carriers feature WinGD’s X-DF propulsion and GTT’s Mark III Flex Plus containment system.

In addition to these three carriers, Minerva Gas took delivery of two LNG tankers from South Korea’s Daewoo Shipbuilding and Marine Engineering.

The 173,400-cbm Minerva Limnos joined the fleet of Minerva Gas in June 2021, while its sister ship Minerva Psara started working with Shell in January 2020.

Both of these newbuilds feature MAN ME-GI propulsion, GTT’s NO96 containment tech, and a partial reliquefaction system.

Most Popular

Update: Shell’s LNG Canada receives LNG cargo

Shell’s LNG Canada has received a cargo of liquefied natural gas as part of the commissioning and start-up phase.

Williams launches Transco pipeline expansions

US natural gas pipeline operator Williams has launched two fully contracted expansions of the existing Transco pipeline to meet growing domestic demand and LNG exports.

DOE gives further boost to US LNG exports

The US Department of Energy (DOE) has removed a regulatory barrier that required liquefied natural gas (LNG) projects to start export within seven years of receiving regulatory approval.

More News Like This

VesselsValue: South Korea’s LNG carrier orderbook worth $71.3 billion

South Korean yards have 276 LNG carriers worth $71.3 billion on order, according to the newest data by Veson Nautical’s VesselsValue.

Wan Hai Lines to switch methanol containership order to LNG fuel

Taiwan's Wan Hai Lines is working on switching an order placed in South Korea last year for eight methanol-powered containerships to LNG fuel, according to shipbuilding sources.

Samsung Heavy launches Petronas’ third FLNG

South Korea’s Samsung Heavy Industries has launched the hull of the third floating LNG production unit being built for Malaysian energy giant Petronas.

Celsius welcomes new LNG carrier in its fleet

South Korea’s Samsung Heavy Industries has handed over another 180,000-cbm LNG carrier to Denmark’s Celsius Tankers, a unit of Celsius Shipping.