Hanwha Ocean, BV to work on new LNG carrier design

BV said in a recent statement that Hanwha Ocean’s new hull design will be “meticulously developed to anticipate and meet future market demand for high-capacity LNG carriers.”

Through advanced hull optimization and enhanced structural design, the new concept improves performance and maximizes cargo capacity beyond the capabilities of Hanwha Ocean’s existing 174,000-cbm LNG carrier design, contributing to optimized capital expenditure and reduced operational expenditure, according to BV.

Under this JDP, the hull design of Hanwha Ocean’s 174,000-cbm design will be reviewed in accordance with BV’s requirements and applicable regulations.

Also, the project aims to validate structural reliability and support the development of a “highly robust and future-ready” LNG carrier design, BV said.

Hanwha Ocean’s LNG carrier orders

Hanwha Ocean recently secured a contract valued at approximately $501 million to build two LNG carriers for Greece’s Alpha Gas.

This is Hanwha Ocean’s first LNG carrier order in 2026.

Last year, Hanwha Ocean secured orders for 13 LNG carriers, including seven vessels tied to Norway’s Knutsen.

Last year’s orders also include contracts with its US affiliate Hanwha Philly Shipyard.

In August 2025, Hanwha Ocean announced a contract with Hanwha Philly Shipyard to build a second LNG carrier.

As of the end of December 2025, Hanwha Ocean had 65 LNG vessels worth $16.1 billion in its orderbook.