Knutsen’s small-scale LNG carrier gets third tank

South Korea’s shipbuilder Hyundai Mipo is continuing works on Knutsen’s small-scale LNG carrier and it has recently installed the third tank onboard the 30,000-cbm vessel.

The newbuild will be one of the world’s first small and medium-scale LNG carriers to feature C-type bi-lobe cargo tanks.

Hyundai Mipo, a unit of Hyundai Heavy, won the deal to build the vessel for about $76.7 million back in 2018.

The vessel features WinGD dual-fuel propulsion as well as a boil-off gas (BOG) reliquefaction system.

It is 180 meters long and 28.4 meters wide.

Norway’s Knutsen previously said it expects to take the delivery of the LNG carrier in the first quarter of 2021.

Following delivery, the vessel will go on a 12-year charter with Italian energy company Edison to serve a small-scale facility currently under construction in the Italian port of Ravenna.

Edison and compatriot PIR Group are investing about $112 million in the terminal with a storage capacity of 20,000 cubic meters with an aim to provide a fuel alternative for the naval and truck transportation sector.

- Advertisements -

Most Popular

LNG freight rates surge

Spot charter rates for the global liquefied natural gas carrier fleet have doubled over the last two weeks, according...

Energy Infrastructure Partners buys stake in Fluxys

Switzerland-based investor Energy Infrastructure Partners (EIP) has signed a deal to buy a stake in Belgian LNG terminal operator...

Germany’s HEH says work to start on Stade LNG jetty

Germany’s Hanseatic Energy Hub, the developer of the Stade onshore LNG import terminal near Hamburg, expects construction work to...

More News Like This

EPS charters LNG-powered containership quartet to Crowley

Idan Ofer's Eastern Pacific Shipping has chartered four newbuild LNG-powered containerships to US shipping and logistics company Crowley. EPS ordered...

Hyundai Mipo to build four LNG-powered containerships

South Korean shipbuilder Hyundai Mipo has secured orders for eight vessels, including four small LNG-powered containerships. Hyundai Mipo's parent Korea...

Knutsen takes delivery of new LNG carrier in South Korea

Norwegian shipowner Knutsen has taken delivery of a new Shell-chartered LNG carrier from South Korea’s Hyundai Samho Heavy Industries. Hyundai...

Exmar and Seapeak place order for two LPG carriers in South Korea

Exmar LPG, a joint venture consisting of Exmar and Seapeak, has ordered two midsize gas carriers from South Korea's...