BW to welcome new ME-GI LNG newbuild

South Korea’s Daewoo Shipbuilding and Marine Engineering will soon deliver another ME-GI vessel to BW LNG, a unit of the Singapore-based gas shipping giant.

The 174,000-cbm BW Lesmes is currently on gas trials and should join BW LNG’s fleet by the end of this month.

In addition, the vessel 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 tecnology.

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, serves BP.

BW did not reveal the charterer of the newest vessel.

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

LNG shipping rates continue to decrease

Spot LNG freight shipping rates in both basins continued to decrease this week, while European prices increased compared to last week.

US LNG exports climb to 34 cargoes

US liquefied natural gas (LNG) plants shipped 34 cargoes during the week ending April 16. According to the Energy Information Administration, pipeline deliveries to the LNG terminals increased compared to the prior week.

GTT secured orders for nine LNG carriers in Q1

French LNG containment giant GTT received orders for nine liquefied natural gas carriers in the first quarter, while its revenue rose 31.6 percent compared to the same period last year.

More News Like This

Hanwha Ocean starts work on Nakilat’s LNG carrier

South Korean shipbuilder Hanwha Ocean has officially started building Nakilat's first of eight LNG carriers under the massive QatarEnergy shipbuilding program.

Hanwha Ocean delivers 200th LNG carrier

South Korea's Hanwha Ocean has delivered its 200th liquefied natural gas (LNG) carrier.

Evergreen orders LNG-powered vessels in South Korea and China

Taiwan's shipping firm Evergreen Marine has ordered ultra-large LNG-powered containerships at two yards in South Korea and China.

Hapag-Lloyd to add more LNG-powered containerships to its fleet

Germany's Hapag-Lloyd is expected to add more LNG dual-fuel container vessels to its fleet with a new order at South Korea's Hanwha Ocean, according to shipbuilding sources and brokers.