AsiaEuropeVessels

GasLog’s LNG carriers launched in South Korea

By LNG Prime Staff
GasLog's LNG carriers launched in South Korea
GasLog Italy (Image: GasLog)

South Korea’s Hanwha Ocean, previously known as DSME, has launched two liquefied natural gas (LNG) carriers it is building for Greece’s GasLog.

GasLog said in a social media post on Wednesday that the launching event of HN2532, to be named GasLog Italy, and HN2533, to be named Marvel Phoenix, was held at Hanwha Ocean’s yard in Geoje.

The vessels are scheduled for delivery in August and September of 2024 respectively, the LNG shipping firm said.

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.

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 previously said.

GasLog's LNG carriers launched in South Korea
Marvel Phoenix (Image: GasLog)

As per the second vessel, Hanwha Ocean started building this LNG carrier, Marvel Phoenix, in April last year.

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.

Most Popular

Contracts and Tenders

Cheniere inks long-term LNG supply deals with QatarEnergy

US LNG exporter Cheniere has entered into long-term liquefied natural gas (LNG) sale and purchase agreements with state-owned LNG giant QatarEnergy to supply 4 million tonnes per annum (mtpa) of LNG through 2054.
Contracts and Tenders

NFE in Puerto Rico LNG supply contract dispute

The Puerto Rico Electric Power Authority (PREPA) and US LNG player New Fortress Energy are in dispute over liquefied natural gas (LNG) deliveries under their long-term LNG supply deal, according to the Financial Oversight and Management Board for Puerto Rico.
LNG Terminals

Glenfarne’s Texas LNG seeks DOE extension

US energy firm Glenfarne is seeking an extension from the US Department of Energy to extend the non-FTA export start deadline for its planned 4 mtpa Texas LNG export terminal in the port of Brownsville.

More News Like This

Vessels

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.
Vessels

Hanwha Ocean bags order for LNG carrier duo

South Korea’s Hanwha Ocean has secured a contract valued at approximately $500 million to build two liquefied natural gas (LNG) carriers.
LNG as Fuel

Hanwha Ocean, KR to develop LNG bunkering vessel concepts

South Korean shipbuilder Hanwha Ocean is teaming up with Korean Register (KR) to jointly develop two design concepts for an 18,000-cbm LNG bunkering vessel.
Vessels

Hanwha Ocean launches Singapore’s first FSRU

South Korean shipbuilder Hanwha Ocean has launched MOL’s floating storage and regasification unit (FSRU), which will serve Singapore’s second LNG import terminal.