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In March last year, Venture Global announced that it had nine LNG carriers on order in South Korea, further advancing its business integration across the entire LNG supply chain.
Six of these vessels have a cargo capacity of 174,000 cbm, and three have a cargo capacity of 200,000 cbm.
The LNG carriers are being built at South Korea’s Samsung Heavy and Hanhwa Ocean.
Last year, Samsung Heavy delivered the 174,000-cbm Venture Gator and Venture Bayou to the US LNG exporter, the first two vessels in Venture Global’s fleet.
Venture Global provided an update on its LNG fleet in the first-quarter earnings presentation.
According to the presentation, Venture Global expects to take delivery of the LNG carrier, Venture Acadia, this month.
This will be Venture Global’s third operational owned LNG carrier.
Following this delivery, Venture Creole and Venture Pelican are expected to join the company’s fleet in the third quarter of 2025, while Venture Iberia is scheduled for delivery in the fourth quarter of this year.
Moreover, Venture Global expects to take delivery of Venture Cameron in the first quarter of 2026, Venture Manatee in the second quarter of 2026, and Venture Venice in the fourth quarter of 2026.
Venture Global will then have nine owned operational LNG carriers in its fleet, but the company is looking to order more vessels.
Sources told LNG Prime earlier this year that Venture Global is interested in booking three firm LNG carriers with more options at yards in South Korea and China.
However, there is no certainty that this order will be finalized.
Chartered vessels
In addition to owned vessels, Venture Global revealed in its IPO statement last year that it has chartered two LNG carriers.
The company said at that time that the vessels were delivered in August and September 2024, bringing its total shipping portfolio to a total of eleven LNG carriers.
However, the company’s quarterly presentation shows that Venture Global has three chartered vessels in its fleet.
The first vessel is the 2010-built 155,000-cbm, Gaslog Savannah, owned by Greece’s GasLog.
Gaslog Savannah started working with Venture Global in August 2024, and the charter deal is scheduled to end in August 2026.
Moreover, the 2021-built 173,400-cbm, Minerva Psara, owned by Greece’s Minerva, started its charter with Venture Global in September 2024.
This charter is scheduled to end in August 2027.
Venture Global also took on charter the 2013-built 155,000-cbm, Gaslog Seattle, owned by GasLog.
Gaslog Seattle’s charter started in December 2024 and is scheduled to end in August 2025, the presentation shows.