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.

- Advertisements -

Most Popular

Hyundai Samho to build LNG carrier quartet for $1.08 billion

South Korea's Hyundai Samho has secured an order to build four liquefied natural gas (LNG) carriers for about $1.08...

QatarEnergy to further boost LNG output

State-owned LNG giant QatarEnergy said on Sunday it will further boost its liquefied natural gas production from the North...

Tellurian reports $166.2 million net loss in 2023

US LNG firm Tellurian reported a net loss of $166.2 million in 2023, as it continues to work on...

More News Like This

CEO: DOE’s permit pause will not slow down Cheniere’s LNG expansion plans

US LNG exporting giant Cheniere is going "full steam ahead" with plans to expand its Sabine Pass and Corpus...

Cheniere: 2023 net profit jumps, revenue down

US LNG exporting giant Cheniere reported a 39 percent drop in its 2023 revenue due to lower prices, while...

GasLog, Cheniere extend LNG carrier charter deal

Greek LNG shipping firm GasLog has extended a charter deal for one of its vessels with a unit of...

QatarEnergy selects Nakilat to operate up to 25 LNG carriers

State-run LNG giant QatarEnergy said it had selected compatriot shipping firm Nakilat to be the owner and operator of...