Video: Nakilat’s ME-GI newbuild in first Panama Canal transit

Nakilat’s newbuild ME-GI carrier has recently transited the Panama Canal for the first time, delivering a US-sourced LNG cargo to China.

The Global Energy loaded a cargo at Cheniere’s Sabine Pass LNG facility in Louisiana and transited the expanded canal at the end of November, its AIS data shows.

Some three weeks later, the 173,400-cbm tanker delivered the cargo to PetroChina’s Caofeidian LNG terminal in Tangshan on December 18, according to the data.

Cheniere Marketing International, a unit of the US LNG export player, charters the vessel that is commercially and technically managed by Nakilat.

To remind, Daewoo Shipbuilding & Marine Engineering delivered the newbuild carrier to Nakilat’s joint venture Global Shipping in May this year.

Qatari LNG shipping giant Nakilat owns 60% percent share in the venture while Greece’s Maran Ventures holds the rest.

Moreover, this is the first out of four LNG newbuilds the venture will take delivery of by end-2021.

Constructed in South Korea, the four vessels will each have a cargo carrying capacity of 173,400 cbm with two featuring ME-GI and other two X-DF propulsion technologies.

Furthermore, the delivery of all four newbuild LNG carriers will bring Nakilat’s fleet to 74 vessels. According to Nakilat, this is just under 12% of current global LNG fleet in carrying capacity.

Most Popular

Japan’s K Line on track with LNG fleet growth plans

According to K Line's latest financial report, the firm had 46 LNG carriers in its fleet as of the...

LNG Canada pipeline enters commercial service

Canada's TC Energy said on Tuesday CGL had executed a commercial agreement with LNG Canada and CGL customers that...

Tellurian’s unit seeks more time to build two gas pipelines

Last month, Australia's Woodside acquired all issued and outstanding Tellurian common stock for about $900 million cash, or $1.00 per...

More News Like This

Corpus Christi LNG expansion project 73.2 percent complete

Cheniere’s Corpus Christi plant currently liquefies natural gas at three operational trains, each with a capacity of about 5...

Hanwha Ocean confirms Maran Gas order for LNG carrier duo

LNG Prime reported on November 7, citing shipbuilding sources, that Maria Angelicoussis-led Maran Gas is expected to order two...

Singapore’s EMA, PetroChina ink LNG pact

EMA signed the memorandum with PetroChina International in Shanghai on Thursday. According to EMA, the collaboration will help strengthen Singapore’s...

Greece’s Maran Gas to order more LNG carriers in South Korea

Sources told LNG Prime on Thursday that the deal includes two 174,000-cbm LNG carriers powered by ME-GI engines. Hanwha Ocean...