AsiaVessels

Hanwha Ocean lays keel for GasLog’s LNG carrier

By LNG Prime Staff
Hanwha Ocean lays keel for GasLog's LNG carrier
Image: GasLog

South Korea’s Hanwha Ocean, previously known as DSME, has laid the keel for the first of four GasLog’s liquefied natural gas (LNG) carriers.

To mark the occasion, the shipbuilder held a ceremony for the vessel (Hull No. 2532) on September 27 at its yard in Geoje, GasLog said in a social media post.

GasLog ordered this and three other 174,000-cbm LNG carriers at Hanwha Ocean in December 2021.

Hanwha Ocean kicked off construction on this LNG carrier on March 22. 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, which is expected in the third quarter of 2024.

As per the second vessel, Hanwha Ocean started building this LNG carrier (Hull No. 2533) on April 20.

GasLog chartered this LNG carrier to Japan’s Mitsui and expects to take delivery of the LNG carrier in the third quarter of 2024 as well.

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 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.

Most Popular

LNG Terminals

Construction progresses on Woodside’s Louisiana LNG project

Australian LNG player Woodside and its contractor Bechtel continue to advance construction of the first phase of the Louisiana LNG export terminal.
LNG as Fuel

TotalEnergies, CMA CGM get EU OK for LNG bunkering JV

French energy giant TotalEnergies and compatriot shipping firm CMA CGM have received approval from the European Commission to form a 50/50 logistics joint venture and operate an LNG bunkering supply solution at the Dutch port of Rotterdam.
LNG Terminals

Atlantic spot LNG rates dip to $20,000 per day

Atlantic spot LNG shipping rates continued to decrease this week, dropping to $20,000 per day, according to Spark Commodities.

More News Like This

Vessels

GasLog says LNG carrier ‘stable’ after Hormuz incident

Greek LNG shipping firm GasLog said on Saturday that its 2013-built LNG carrier GasLog Shanghai was in "stable" condition following an incident in the Strait of Hormuz.
Vessels

GasLog Partners wraps up $34.1 million steam LNG carrier sale

GasLog Partners, part of Greek LNG carrier owner GasLog, has completed the sale of its last steam LNG carrier, Methane Rita Andrea.
Vessels

Hanwha Ocean: demand for LNG newbuilds supported by energy security policies, capacity expansion

South Korean shipbuilder Hanwha Ocean said on Monday that mid- to long-term demand for LNG carrier newbuildings is driven by higher ton-mile demand from stronger energy security policies and LNG supply diversification toward the US and other exporters amid Middle East disruptions.
LNG as Fuel

Yang Ming to spend up to $1.22 billion on new LNG-powered containership order

Taiwan’s Yang Ming Marine Transport will spend up to $1.22 billion on an order for six LNG dual-fuel container vessels at South Korea's Hanwha Ocean.