Capital Gas: LNG carrier launched in South Korea

South Korea’s HD Hyundai Heavy Industries has launched a 174,000-cbm liquefied natural gas (LNG) carrier for Greece’s Capital Gas.

Evangelos Marinakis-led Capital Gas said in a social media post that the LNG carrier Axios II was launched on May 22, but it did not provide any additional information.

According to the shipping company’s website, the 299 meters long LNG carrier features MAN ME-GA engines and GTT’s Mark III Flex containment system.

Classed by ABS, the vessel also has Hi-ALS air lubrication system and shaft generators.

VesselsValue data shows that this LNG carrier is a part of an order for two LNG carriers from May 2021.

Under this order, Capital Gas will pay about $193 million for each of the LNG carriers and take delivery of the vessels by December 2023.

Amore Mio I and Axios II are the eighth and ninth vessel in the fleet managed by Capital Gas.

Besides these nine LNG carriers, Capital Gas has nine more vessels on order in South Korea and they will all feature ME-GA propulsion, its website shows.

In March, Capital Gas ordered two more LNG carriers at South Korea’s Hyundai Samho.

Prior to this, New York-listed Capital Product Partners took delivery of the seventh LNG carrier managed by Capital Gas in South Korea.

Capital Product Partners purchased Asterix I in June last year from its sponsor Capital Maritime & Trading Corp, boosting its owned fleet to seven LNG tankers.

Most Popular

Glenfarne still expects Texas LNG FID by end of this year

US energy firm Glenfarne confirmed it is targeting a final investment decision on its planned 4 mtpa Texas LNG export project in the port of Brownsville by the end of 2025 after the US FERC issued the final supplemental environmental impact statement for the project.

Kosmos: Tortue FLNG to hit full capacity in Q4

UK-based energy giant BP and its partners expect the 2.7 mtpa Golar FLNG Gimi, which serves the Greater Tortue Ahmeyim LNG project offshore Mauritania and Senegal, to reach its nameplate capacity in the fourth quarter of this year, according to US-based Kosmos Energy.

Equinor’s Hammerfest LNG back online after maintenance

Norwegian energy firm Equinor has resumed operations at its 4.3 mtpa Hammerfest LNG export plant following an extended maintenance shutdown, a spokesperson for Equinor told LNG Prime on Monday.

More News Like This

HD Hyundai Heavy kicks off work on Gdansk FSRU

South Korean shipbuilder HD Hyundai Heavy Industries has officially started building MOL's floating storage and regasification unit (FSRU), which will serve Gaz-System's Gdansk LNG project in Poland.

Excelerate’s FSRU launched in South Korea

South Korean shipbuilder HD Hyundai Heavy Industries has launched Excelerate Energy’s new floating storage and regasification unit (FSRU).

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.

HD Hyundai Heavy tests BOG system on LNG-powered containership under construction

South Korean shipbuilder HD Hyundai Heavy has completed a test to verify the onshore recycling of boil-off gas (BOG) from an LNG dual-fuel container vessel currently under construction.