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

Power LNG takes step forward with Pelican Island facility

The Port of Galveston has approved a lease and development agreement with Texas-based Power LNG for the latter's planned small-scale, modular liquefied natural gas (LNG) production, storage, and bunkering facility on Pelican Island.

LNG Alliance plans new LNG export project in Mexico

LNG Alliance, developer of the Amigo LNG project in Mexico, plans to build a second project in Mexico called Bravo LNG.

Atlantic LNG rates drop for first time in six weeks

Atlantic spot liquefied natural gas (LNG) shipping rates fell week on week for the first time in six weeks, according to Spark Commodities.

More News Like This

Inpex takes stakes in BP’s Indonesian blocks

Japan's Inpex has acquired 50 percent participating interests each in two of BP's Indonesian offshore blocks where multiple gas and oil fields have been discovered.

BP to sell Browse LNG stake to Osaka Gas

UK-based energy giant BP has agreed to sell a 5 percent stake in the planned Woodside-led Browse LNG project in Australia, which would deliver natural gas from the Calliance, Torosa, and Brecknock fields to the existing Karratha gas plant, to Japan's Osaka Gas.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.

BW confirms sale of steam LNG carrier

Singapore-based gas shipping giant BW confirmed that it has sold its 2005-built steam LNG carrier, LNG Oyo.