AsiaVessels

Dynagas takes delivery of second FSRU

By LNG Prime Staff
Dynagas takes delivery of second FSRU
Image: Hudong-Zhonghua Shipbuilding

Greek shipping firm Dynagas has taken delivery of the second floating storage and regasification unit (FSRU) from China’s Hudong-Zhonghua.

Hudong officially delivered the 174,000-cbm Transgas Force during a ceremony on Friday.

This comes just one day after the state-owned yard hosted a naming ceremony for the vessel.

With this delivery, Hudong has completed the entire project which included two FSRUs.

In July this year, Dynagas took delivery of the 174,000-cbm Transgas Power, the first unit in this batch of two. Brokers previously said this ship serves France’s TotalEnergies.

Dynagas takes delivery of second FSRU
Image: Hudong-Zhonghua Shipbuilding

The FSRU Transgas Force, financed by CSSC Shipping, the financial leasing unit of CSSC, would go on a charter to US LNG exporter Cheniere, one shipbuilding source told LNG Prime on Thursday.

Cheniere would charter the vessel for a short period and use it as an LNG carrier, the source said.

The vessel’s delivery comes at a time when Asia-Pacific LNG shipping day rates have surged to a record high of around $300,000/day for a standard LNG carrier, according to S&P Global Platts.

Both of these two vessels are the first Chinese-built FSRUs, Hudong previously said.

The units feature three Wartsila regasification modules. Each regas unit has a capacity of 250 million standard cubic feet per day.

Also, the FSRUs have MAN dual-fuel diesel-electric propulsion and GTT’s NO96 containment system.

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