New TMS LNG carrier named in South Korea

Greece-based shipping firm TMS Cardiff Gas has named the first in a series of newbuild liquefied natural gas (LNG) tankers in South Korea.

TMS announced the naming ceremony of the 174,000-cbm Athos LNG in a social media post on Friday.

Samsung Heavy Industries built the LNG carrier at its Geoje yard.

According to TMS, the vessel is equipped with MAN ME-GA propulsion, a shaft generator, and an air lubrication system.

Athos LNG is set to embark on a multi-year charter with Osaka Gas International Transport, a unit of Japan’s city gas supplier and LNG importer Osaka Gas.

VesselsValue data shows that TMS ordered this LNG carrier and another vessel at SHI in May 2022.

TMS paid about $231 million per vessel.

The data shows that TMS has seven LNG carriers on order at SHI and Hanwha Ocean scheduled for delivery by 2027.

In May 2021, TMS Cardiff Gas took delivery of LNGShips Manhattan, wrapping up its 2020-2021 newbuild program which included eleven 174,000-cbm vessels.

The company’s website shows that its fleet also includes four 2014-built ships, the 2004-built Fuji LNG, and the 2006-built Condor LNG.

Most Popular

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.

More News Like This

Wartsila to support TMS LNG carrier duo

Finland’s tech firm Wartsila has signed a deal with Greek LNG shipping firm TMS Cardiff Gas to support the latter’s two liquefied natural gas (LNG) carriers.

MISC names QatarEnergy LNG carrier

South Korea's Samsung Heavy Industries hosted a naming ceremony for a liquefied natural gas (LNG) carrier it built for Malaysia's MISC and state-owned LNG giant QatarEnergy.

Samsung Heavy nets order for two LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build two liquefied natural gas (LNG) carriers for approximately $494 million.

GasEntec, Samsung Heavy ink small-scale LNG pact

South Korea-based LNG technology and assets firm GasEntec has entered into a memorandum of understanding with shipbuilder Samsung Heavy Industries to license the latter's liquefaction technology for small-scale applications between 50,000 and 1 million tons per annum.