DSME kicks off work on GasLog’s LNG tanker

South Korea’s Daewoo Shipbuilding and Marine Engineering has officially started building a 174,000-cbm LNG carrier for Greece’s GasLog.

The shipbuilder held a steel-cutting ceremony for the vessel (Hull No. 2532) on March 22 at its yard in Geoje, GasLog said in a social media post.

GasLog said the ceremony officially kicked off another shipbuilding journey for the GasLog family, but it did not provide any additional information.

The vessel in question is the first of four GasLog ordered at DSME in December 2021.

DSME kicks off work on GasLog's LNG carrier
Image: GasLog

GasLog previously said that it has chartered this LNG carrier to a “multinational oil and gas company” for a period of seven years and starting from the vessel’s delivery, which is expected in the third quarter of 2024.

Moreover, two of these four 174,000-cbm LNG carriers will go on charter to Australia’s LNG producer Woodside and one ship will serve Japan’s trading house Mitsui & Co.

The LNG shipping firm expects to take delivery of the Mitsui-chartered ship in the third quarter of 2024 as well, while the Woodside-chartered vessels are expected to join the fleet in the third and fourth quarter of 2025.

All of the LNG carriers will have ME-GI propulsion. ME-GI is short for M-type, electronically controlled, gas-injection propulsion.

In addition, the vessels will also feature a carbon capture and storage system.

- Advertisements -

Most Popular

Golar buys vessel for third FLNG project

Golar LNG has exercised its option to acquire the 148,000-cbm Moss-type carrier, Fuji LNG, which it aims to convert...

Australia’s Woodside investigating Pluto LNG incident

Australian LNG player Woodside has launched an investigation following an incident that took place on Friday at its Pluto...

Gas leak shuts Equinor’s Hammerfest LNG terminal

Norway's Equinor has closed its 4.3 mtpa Hammerfest LNG export plant due to a gas leak. "I can confirm that...

More News Like This

Hanwha Ocean selects TMC compressors for LNG carrier duo

South Korea’s Hanwha Ocean, previously known as DSME, has contracted Norwegian firm TMC Compressors to supply a complete marine...

South Korea’s DSME becomes Hanwha Ocean

South Korean LNG shipbuilding giant Daewoo Shipbuilding and Marine Engineering (DSME) has officially changed its name to Hanwha Ocean....

GasLog seals two LNG carrier charter deals

Greece's GasLog has signed charter deals for two of its TFDE LNG carriers with units of Shell and New...

Venice Energy expects to take FID on South Australian LNG import project by August

Venice Energy is expecting to take a final investment decision to build its FSRU-based LNG import project in the...