AsiaVessels

Latsco’s first LNG newbuild nearing completion

By Mirza Duran
Latsco's first LNG newbuild nearing completion
For illustration purposes only (Image: Latsco Shipping)

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.

Most Popular

LNG Terminals

US weekly LNG exports climb to 36 shipments

US liquefied natural gas (LNG) plants sent 36 cargoes during the week ending June 17, up two cargoes from the week before, according to the Energy Information Administration.
LNG Terminals

LNG Canada ships 100th cargo

Shell-led LNG Canada has shipped the 100th cargo of liquefied natural gas from its Kitimat facility on the west coast of Canada.
Contracts and Tenders

Vopak, Transnet seek EPC contractor for South African LNG terminal

A joint venture of Dutch terminal operator Vopak and Transnet Pipelines has officially launched its formal expression of interest process to engineering, procurement, and construction (EPC) contractors for the planned LNG import terminal in South Africa’s Richards Bay.

More News Like This

Vessels

Asyad Shipping names LNG carrier duo in South Korea

Oman's Asyad Shipping has named two newbuild liquefied natural gas (LNG) carriers in South Korea.
Contracts and Tenders

BW confirms new LNG carrier move

BW LNG, a unit of Singapore-based gas shipping giant BW, confirmed that it has ordered two new three-tank LNG carriers from South Korea’s HD Hyundai Samho.
Vessels

BW orders LNG carrier duo at HD Hyundai Samho

BW LNG, a unit of Singapore-based gas giant BW, has ordered two LNG carriers from South Korea’s HD Hyundai Samho. These vessels are expected to feature three tanks instead of four, according to shipbuilding sources.
Vessels

Angola’s Sonangol orders two more LNG carriers in South Korea

Angola's state-owned energy firm Sonangol has ordered two more liquefied natural gas (LNG) carriers from South Korea's HD Hyundai Samho Heavy Industries.