Advantage Tankers names LNG-powered VLCC duo in South Korea

South Korea’s Daewoo Shipbuilding & Marine Engineering has hosted a naming ceremony for two LNG-powered VLCCs it built for Geneva-based Advantage Tankers.

DSME held the naming ceremony for the LR-classed LNG dual-fuel VLCCs, Advantage Verdict and Advantage Victory, on October 13.

Both of these ships will serve a unit of LNG giant Shell under charter contracts.

The shipbuilder says these are the world’s first VLCCs equipped with two type C LNG tanks made of Posco’s high manganese steel.

Earlier this year, DSME for the first time installed two type C LNG tanks made of Posco’s high manganese steel onboard an LNG-powered VLCC.

DSME said the world’s first installation of a high manganese LNG tank on an LNG-powered VLCC followed a joint work of 10 years by the shipbuilder and steelmaker Posco.

The shipbuilder is building in total four LNG-powered VLCCs for Advatage Tankers.

Last year, DSME won orders for ten 300,000-dwt LNG-powered VLCCs from Advantage Tankers, AET, and International Seaways.

All of these vessels will go on on charter to Shell and will feature MAN ME-GI engines and LNG tanks made of manganese steel.

Most Popular

Golar moving forward with new FLNG order

Floating LNG player Golar LNG is moving forward with its plans to order its fourth FLNG conversion. In order to secure "attractive" delivery, Golar plans to enter into slot reservations for long-lead equipment within the third quarter of this year.

Seapeak books $19.3 million charge as it lays off seafarers on steam LNG carriers

Stonepeak’s Seapeak booked $19.3 million of restructuring charges in the second quarter of this year, primarily due to laying off its Spanish seafarers working on steam LNG carriers.

Seatrium, Karpowership ink new FSRU conversion deal

Singapore’s Seatrium will convert more LNG carriers into floating storage and regasification units for Turkiye's Karpowership under a new letter of intent revealed on Thursday.

More News Like This

Venture Global wins Calcasieu Pass arbitration against Shell

US LNG exporter Venture Global LNG has won an arbitration case against UK-based LNG giant Shell over LNG sales from the Calcasieu Pass plant in Louisiana.

YPF CEO sees FIDs on FLNG projects with Eni, Shell in Q1 2026

Argentina’s state-owned oil and gas company YPF and its partners Eni and Shell may take final investment decisions on two stages of the Argentina LNG project in the first quarter of 2026, according to YPF CEO Horacio Marin.

Peru LNG sent five cargoes in July

Peru LNG’s liquefaction plant at Pampa Melchorita has shipped five liquefied natural gas cargoes in July, the same as in the previous month.

Fluor, JGC score FEED job for LNG Canada expansion

A joint venture of US engineer Fluor and Japan's JGC has been awarded the contract to update the front-end engineering and design (FEED) for a proposed Phase 2 expansion of the Shell-led LNG Canada project.