Hyundai Mipo delivers large LNG bunkering vessel to Korea Line

South Korea’s Hyundai Mipo Dockyard said it has delivered a large LNG bunkering ship to compatriot Korea Line.

Hyundai Mipo handed over the 18,000-cbm K. Lotus on Wednesday. This vessel will go on charter to LNG giant Shell.

According to Hyundai Mipo, it would start operating next month in the Dutch Rotterdam port.

Hyundai Mipo says this is the world’s largest LNG bunkering ship. However, it has less capacity than the 20,000-cbm Hai Gang Wei Lai, previously known as Avenir Allegiance, or the 20,000-cbm Avenir Achievement, also chartered by Shell.

SM Group’s Korea Line ordered this LNG bunkering ship at the yard for about $62 million back in 2019.

The 166 meters long and 24.4 meters wide dual-fuel vessel features Wartsila’s LNG cargo handling and fuel system.

Besides this ship, Korea Line LNG, a unit of Korea Line, has ordered one additional bunkering vessel at Hyundai Mipo last year.

The yard should deliver this 18,000-cbm vessel worth about $62 million in 2023.

Most Popular

QatarEnergy eyes major LNG trading expansion

State-owned LNG giant QatarEnergy aims to increase trading of non-Qatari physical LNG volumes to 30 to 40 million tons by 2030, according to Qatar’s energy minister and chief executive of QatarEneergy, Saad Sherida Al-Kaabi.

BP ships second Tortue LNG cargo

UK-based energy giant BP and its partners have sent the second LNG cargo produced at the Greater Tortue Ahmeyim FLNG project, located offshore Mauritania and Senegal, according to shipping data.

TotalEnergies seals Ksi Lisims LNG deal

French energy giant TotalEnergies has signed a 20-year deal with Ksi Lisims LNG to buy LNG from the latter's planned export project in Canada. In addition, TotalEnergies will acquire a 5 percent stake in Houston-based Western LNG, the developer, shareholder, and future operator of the Ksi Lisims LNG project.

More News Like This

Shell shareholders re-elect CEO Wael Sawan

Wael Sawan will continue to lead London-based LNG giant Shell following shareholder voting at the company's annual general meeting on Tuesday.

Singapore’s FueLNG wraps up 400th STS bunkering operation

Singapore’s FueLNG, a joint venture consisting of Shell and Seatrium, has completed its 400th ship-to-ship (STS) LNG bunkering operation. FuelLNG delivered LNG to BYD Shenzen, which is said to be the world’s largest LNG-fueled car carrier.

Peru LNG terminal shipped three cargoes in April

Peru LNG’s liquefaction plant at Pampa Melchorita has shipped three liquefied natural gas cargoes in April due to restrictions on the transportation system, according to operator Hunt Oil.

CFO: Shell on track to ship first LNG Canada cargo in middle of 2025

LNG giant Shell remains on track to deliver the first liquefied natural gas cargo from its LNG Canada export terminal in Kitimat in the middle of this year, according to Shell's finance chief, Sinead Gorman.