BW takes delivery of ME-GI LNG carrier

BW LNG, a unit of the Singapore-based gas shipping giant, has taken delivery of a new ME-GI vessel from South Korea’s Daewoo Shipbuilding and Marine Engineering.

The firm welcomed the 174,000-cbm BW Lesmes on Tuesday.

“BW Lesmes is named in honour of Luis Lesmes, who sadly passed away in 2014. Luis was a pioneer of LNG trading, leaving an irreplaceable mark on the industry,” BW said.

The vessel goes on a charter to UK-based energy giant BP, according to BW.

Moreover, the LNG carrier is the sixth newbuilding featuring MAN ME-GI propulsion in a series of nine ships ordered at the Korean yard.

ME-GI is short for M-type, electronically controlled, gas-injection propulsion.

The 294.4 meters long vessel also features a reliquefaction system and GTT’s NO96 containment technology.

To remind, the previous vessel in this batch, BW Pavilion Aranthera, joined BW in July last year. This vessel works under a charter deal with BW’s partner Pavilion while the vessel delivered in February 2020, BW Magnolia, also serves BP.

The shipping firm plans to take delivery of the seventh newbuild in June this year, followed by the last two vessels in August and September in 2022, according to its website.

Most Popular

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

More News Like This

BP and Adnoc launch new Egyptian JV

Announced in February 2024, Arcius Energy is 51 percent owned by BP and 49 percent by XRG, Adnoc's investment...

BP appoints new LNG trading head

Milongo announced on Tuesday during the World LNG Summit and Awards in Berlin that he had recently been appointed...

Worley secures BP contract extension in Oman

Under the three-year contract extension, the JV will continue to provide engineering, procurement, and construction (EPC) services to BP’s...

Saipem consortium clinches $1.2 billion Tangguh UCC contract

The EPCI contract is part of the BP Berau-led integrated project known as Tangguh UCC, comprising of Ubadari field...