Hanwha Ocean lays keel for GasLog’s LNG carrier

South Korea’s Hanwha Ocean, previously known as DSME, has laid the keel for the first of four GasLog’s liquefied natural gas (LNG) carriers.

To mark the occasion, the shipbuilder held a ceremony for the vessel (Hull No. 2532) on September 27 at its yard in Geoje, GasLog said in a social media post.

GasLog ordered this and three other 174,000-cbm LNG carriers at Hanwha Ocean in December 2021.

Hanwha Ocean kicked off construction on this LNG carrier on March 22. This vessel will go on charter to a “multinational oil and gas company” for a period of seven years and starting from the vessel’s delivery, which is expected in the third quarter of 2024.

As per the second vessel, Hanwha Ocean started building this LNG carrier (Hull No. 2533) on April 20.

GasLog chartered this LNG carrier to Japan’s Mitsui and expects to take delivery of the LNG carrier in the third quarter of 2024 as well.

The last two LNG carriers in this batch, scheduled for delivery in the second half of 2025, will serve Australia’s Woodside under charter deals.

All of the LNG carriers will have ME-GI propulsion. ME-GI is short for M-type, electronically controlled, gas-injection propulsion.

In addition, the vessels will also feature a carbon capture and storage system.

Most Popular

Shell wraps up acquisition of Pavilion Energy

UK-based LNG giant Shell has completed its previously announced acquisition of Singapore's Pavilion Energy.

India’s ONGC approves Mozambique LNG investment

India’s state-run ONGC has approved an investment by its unit, ONGC Videsh, into the TotalEnergies-led Mozambique LNG joint venture, which is developing a 12.8 mtpa liquefaction plant at the Afungi complex.

Australia’s Viva Energy seeks FSRU for Geelong project

Australia’s Viva Energy is looking to secure a floating storage and regasification Unit (FSRU) for its proposed LNG import terminal in Geelong, Australia.

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.

Hanwha Ocean, Evergreen ink $1.6 billion deal for six LNG-powered containerships

South Korean shipbuilder Hanwha Ocean and Taiwan's shipping firm Evergreen Marine have signed a shipbuilding deal worth about $1.6 billion for six ultra-large LNG dual-fuel containerships.

Hanwha Ocean starts work on Nakilat’s LNG carrier

South Korean shipbuilder Hanwha Ocean has officially started building Nakilat's first of eight LNG carriers under the massive QatarEnergy shipbuilding program.

Hanwha Ocean delivers 200th LNG carrier

South Korea's Hanwha Ocean has delivered its 200th liquefied natural gas (LNG) carrier.