Norwegian shipowner Knutsen has taken delivery of the small-scale LNG carrier Ravenna Knutsen from South Korea’s Hyundai Mypo.
KSOE’s Hyundai Mypo said in a statement on Monday the 30,000-cbm vessel is its first medium-sized LNG carrier.
The yard won the deal to build the vessel for about $76.7 million back in 2018 and completed the vessel some 14 months after starting construction.
In addition, the newbuild is one of the world’s first small and medium-scale LNG carriers to feature C-type bi-lobe cargo tanks. It features three 10,100 cbm tanks with low alloy 9% Ni steel.
Moreover, the 180 meters long vessel has WinGD dual-fuel propulsion as well as a boil-off gas reliquefaction system.
To remind, LNG Prime reported in November last year the vessel was nearing delivery after it completed its sea trials.
Hyundai says the vessel would start work in the Mediterranean area from the third quarter of this year.
The ship will go on a 12-year charter with Italian energy firm Edison to serve a small-scale facility currently under construction in the Italian port of Ravenna.
Edison has last year welcomed Spain’s Enagas as a partner in the facility and said the project is more than 70% complete.
Following the transaction, Edison has a 30% stake while Enagas’ unit Scale Gas owns a 19% stake in the project named Depositi Italiani GNL. Italy’s PIR Group remained the operator with a 51% stake.
The Ravenna facility will have a storage capacity of 20,000 cbm and an annual handling capacity of over 1 million cbm.
This is sufficient to supply about 12,000 trucks and up to 48 ferries per year, according to Edison.