International Seaways takes delivery of its first LNG-powered VLCC

New York-based International Seaways has taken delivery of the first of three LNG dual-fuel very large crude carriers that will serve LNG giant Shell under charter deals.

South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) delivered the 300,000-dwt Seaways Endeavor last week, according to a social media post by International Seaways.

The tanker owner expects to take delivery of the other two LNG-powered VLCCs in this batch from DSME this year.

UK-based ship management firm V.Group won a contract last year to manage these three vessels.

The VLCC Seaways Endeavor became the 43rd vessel currently under V.Ships’ UK management, V.Group said in a separate social media post.

In addition to their LNG-powered engines, the three ships also feature optimized hull forms and propellers, wake improvement ducts, and rudder bulbs to further improve vessel efficiency, according to V.Group.

Such as International Seaways, Malaysia’s AET also chartered three LNG dual-fuel VLCCs to Shell, while Advantage Tankers chartered four vessels.

Shell announced these deals in March 2021 and DSME will build all of the ships.

Most Popular

Woodside issues Louisiana LNG construction update

In October 2024, Woodside acquired all issued and outstanding Tellurian common stock for about $900 million cash, or $1.00 per share....

Trump lifts pause on non-FTA LNG export approvals

Trump issued the executive order, which was widely expected, just hours after officially taking over his second four-year term...

YPF, Indian firms ink Argentina LNG deal

According to a statement by YPF, the firm signed the MoU with GAIL, Oil India, and ONGC Videsh...

More News Like This

YPF, Indian firms ink Argentina LNG deal

According to a statement by YPF, the firm signed the MoU with GAIL, Oil India, and ONGC Videsh...

Shell expects ‘significantly lower’ LNG trading results in Q4

Shell announced this in its fourth-quarter update note on Wednesday. "Trading and optimization results are expected to be significantly lower...

Shell gets first cargo under new Oman LNG deal

Oman LNG announced the shipment via social media on Tuesday. Howveher, the firm did not provide any further details regarding...

Peru LNG boosts shipments in 2024

A spokesman for Hunt Oil told LNG Prime that in 2024 "there were 57 vessels equivalent to 205 TBtus,"...