GasLog takes delivery of LNG carrier in South Korea

Greece’s GasLog has taken delivery of a new liquefied natural gas (LNG) carrier from Hanwha Ocean in South Korea.

According to a social media post by GasLog, the naming ceremony for the 174,000-cbm Marvel Phoenix took place on September 30.

On October 2, Marvel Phoenix was officially delivered.

This delivery marks the newest addition to the GasLog fleet, following the successful delivery of her sister vessel, GasLog Italy.

The 294.9 meters-long and 46.4 meters-wide ice-class vessel has HP-2S ME-GI engines, two shaft generators, and a full reliquefaction system (FRS).

GasLog chartered this LNG carrier to Japan’s Mitsui for a period of nine years.

Hanwha Ocean, previously known as DSME, launched this vessel and its sister ship GasLog Italy in February this year.

GasLog Italy serves a charter deal with Italy’s Eni.

Peter Livanos-led GasLog ordered these vessels and two other 174,000-cbm LNG carriers at Hanwha Ocean in December 2021.

GasLog takes delivery of LNG carrier in South Korea
Image: GasLog

The last two LNG carriers in this batch, scheduled for delivery in the second half of 2025, will serve Australia’s Woodside under charter deals.

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

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

Most Popular

BGN delivers its first LNG cargo to Germany, secures Egypt deal

Switzerland-based energy trader BGN has completed its first LNG delivery to Germany, while simultaneously securing a deal to supply Egypt with LNG.

Excelerate’s FSRU launched in South Korea

South Korean shipbuilder HD Hyundai Heavy Industries has launched Excelerate Energy’s new floating storage and regasification unit (FSRU).

US small-scale LNG duo agree to merge

US-based small-scale firms United Energy LNG and Power LNG have agreed to merge, creating a small-scale LNG platform that will serve industrial, power, and transportation markets across North America.

More News Like This

Hanwha Ocean to buld Korean LNG-powered icebreaker

South Korean shipbuilder Hanwha Ocean has secured a contract to build one LNG dual-fuel research icebreaker.

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

GasLog: 12 LNG carriers scheduled for drydocking this year

Greek LNG carrier owner GasLog expects 2025 to be its busiest year for repairs, with a total of 12 vessels scheduled for drydocking maintenance, spread in shipyards worldwide.

GasLog, Jiangnan ink LoI for LNG carrier duo

China’s Jiangnan Shipyard has signed a letter of intent with Greek LNG shipping firm GasLog to build two liquefied natural gas (LNG) carriers, according to shipbuilding sources.