GasLog’s LNG carrier named in South Korea

Greece’s GasLog has named a new liquefied natural gas (LNG) carrier at Hanwha Ocean’s yard in Geoje, South Korea.

According to a social media post by GasLog, the naming ceremony for the 174,000-cbm GasLog Italy took place on July 10.

The 294.9 meters long and 46.4 meters wide vessel will be delivered on August 23.

Following delivery, it will serve a charter deal with Italy’s Eni.

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

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

Hanwha Ocean kicked off construction on the first LNG carrier in this batch, GasLog Italy, in March last year and laid the keel in September.

GasLog previously said this vessel will go on charter to a “multinational oil and gas company” for a period of seven years and starting from the vessel’s delivery.

GasLog’s LNG carrier named in South Korea
Image: GasLog

As per the second vessel, Hanwha Ocean started building this LNG carrier, Marvel Phoenix, in April last year and this vessel is scheduled for delivery in September.

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

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.

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