Hyundai to install MAN ME-GA engines on six LNG carriers

South Korea’s Hyundai Heavy Industries will install MAN ME-GA engines onboard six 174,000-cbm LNG carriers which will go on charter to a unit of Shell.

HHI-EMD, a unit of Hyundai, has placed the order for the low-speed ME-GA engine, the latest addition to MAN Energy Solutions’ dual-fuel portfolio.

According to Germany’s MAN, this marks the world’s first order for the engine.

The firm said in June it had won the first order for its new ME-GA dual-fuel engine from Hyundai but it did not disclose any additional information.

Under the contract, HHI-EMD has ordered two 5G70ME-GA10.5 engines for each of the six 174,000-cbm LNG carriers.

Korea Line and Pan Ocean own two of these vessels, each, while Knutsen and investors advised by J.P. Morgan Asset Management own one ship, each.

Hyundai will build the vessels in Korea. Following delivery, they would all go on charter to Shell Singapore.

MAN expects delivery of the first engine in August 2022, with the final unit arriving during the following year.

In addition, MAN said that each of the engines would feature its proprietary exhaust gas recirculation (EGR) system for emissions reduction.

Most Popular

Cheniere to start site preparation for two more Corpus Christi LNG trains

US LNG exporting giant Cheniere is seeking approval from the US FERC to start site preparation activities for two more midscale trains at its Corpus Christi LNG plant in Texas.

Woodside names Sarah Bairstow as Louisiana LNG head

Australian LNG player Woodside has appointed Sarah Bairstow to lead its Louisiana LNG project.

LNG shipping rates continue to decrease

Spot LNG freight shipping rates in both basins continued to decrease this week, while European prices increased compared to last week.

More News Like This

Venture Global launches Calcasieu Pass LNG commercial ops

US LNG exporter Venture Global LNG has launched commercial operations at its Calcasieu Pass LNG terminal in Louisiana, some 68 months from its final investment decision and 38 months after production start.

YPF expects more supermajors to join Argentina LNG project, CEO says

Argentina’s state-owned oil and gas company YPF expects more supermajors to become equity partners in the planned Argentina LNG project following a deal with Shell, according to CEO Horacio Marin.

Shell expects Q1 LNG trading results to be in line compared to previous quarter

LNG giant Shell expects trading and optimization results for its integrated gas business in the first quarter of this year to be in line compared with the fourth quarter of last year.

Peru LNG terminal sent five shipments in March

Peru LNG’s liquefaction plant at Pampa Melchorita has shipped five liquefied natural gas cargoes in March, one more than in the previous month.