Hanwha Ocean lays keel for GasLog’s LNG carrier

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.

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