Latsco’s first LNG newbuild nearing completion

Greece’s Latsco Shipping, a unit of Latsis Group, will soon take delivery of its first-ever LNG newbuild from South Korea’s Hyundai Samho Heavy Industries.

The 174,000-cbm LNG carrier with a working name Hull 8039 is currently undergoing sea trials. It should join the Greek firm’s fleet during the first quarter next year.

To remind, Latsco ordered two X-DF sister vessels via Consolidated Marine Management at the Korean yard back in November 2018. The order had a price tag of about $370 million.

This marked the first move in the LNG shipping segment for Latsco that operates a fleet of 29 vessels.

Commodity trader Trafigura has reportedly chartered both of the LNG carriers for a period of five years.

As per specifications, the new vessels are 297 meters long and about 46 meters wide.

Both of the newbuilds feature WinGD’s dual-fuel X-DF engines and GTT’s MARK III Flex containment system.

Once delivered during 2021, they will be managed by Latsco LNG Marine Management, a unit of the firm established last year.

- Advertisements -

Most Popular

Hyundai Samho to build LNG carrier quartet for $1.08 billion

South Korea's Hyundai Samho has secured an order to build four liquefied natural gas (LNG) carriers for about $1.08...

Tellurian reports $166.2 million net loss in 2023

US LNG firm Tellurian reported a net loss of $166.2 million in 2023, as it continues to work on...

QatarEnergy to further boost LNG output

State-owned LNG giant QatarEnergy said on Sunday it will further boost its liquefied natural gas production from the North...

More News Like This

Hyundai Samho to build LNG carrier quartet for $1.08 billion

South Korea's Hyundai Samho has secured an order to build four liquefied natural gas (LNG) carriers for about $1.08...

NYK, Jera seal LNG carrier charter deal

Japan's shipping giant NYK and compatriot power firm and LNG importer Jera have signed a ten-year charter agreement for...

Alpha Gas takes delivery of LNG carrier Energy Endurance in South Korea

South Korea’s Hyundai Samho Heavy Industries has delivered the 174,000-cbm LNG carrier, Energy Endurance, to Greece’s Alpha Gas. Alpha Gas...

Qatar’s Nakilat orders LNG and LPG carriers in South Korea

Qatari LNG shipping giant Nakilat has placed orders worth about $955 million with South Korea's Hyundai Samho for the...