Samsung Heavy kicks off work on Minerva LNG carrier

South Korea’s Samsung Heavy Industries has officially started building a 174,000-cbm LNG carrier for Greek firm Minerva Gas, a unit of Minerva Marine.

Minerva Gas announced the steel-cutting ceremony via its social media on Sunday.

The ceremony for the LNG carrier with a hull name SN2653 took place on November 8.

Minerva Gas did not provide further information.

VesselsValue data shows that Minerva Gas ordered this LNG carrier and its sister vessel (SN 2652) in November 2022.

Sources said at the time that these vessels are expected to serve US energy giant ExxonMobil under charter deals.

Minerva Gas will pay about $215 million per vessel.

These ME-GA vessels feature GTT’s Mark III Flex containment system, and are scheduled for delivery in 2026.

Samsung Heavy kicks off work on Minerva LNG carrier
Image: Minerva Gas

Minerva Gas currently has five LNG operational LNG carriers.

In October 2022, Minerva Gas took delivery of the 174,000-cbm LNG carrier Minerva Amorgos from Samsung Heavy.

This is the final LNG carrier in a batch of three vessels SHI built for the Greek firm.

SHI delivered the 174,000-cbm Minerva Kalymnos in February 2021 followed by Minerva Chios in August the same year.

All of the sister LNG carriers feature WinGD’s X-DF propulsion and GTT’s Mark III Flex Plus containment system.

In addition to these three carriers, Minerva Gas took delivery of two LNG tankers from South Korea’s Daewoo Shipbuilding and Marine Engineering.

The 173,400-cbm Minerva Limnos joined the fleet of Minerva Gas in June 2021, while its sister ship Minerva Psara started working with Shell in January 2020.

Both of these newbuilds feature MAN ME-GI propulsion, GTT’s NO96 containment tech, and a partial reliquefaction system.

Most Popular

Atlantic LNG shipping rates rise to four-month high

Atlantic LNG freight rates rose to $25,750 per day this week, while European prices also increased compared to the prior week.

Capital sells LNG carrier for scrap

Greece's Capital Gas has sold one steam liquefied natural gas (LNG) carrier for scrap, according to brokers.

US approves financing for Mozambique LNG

The Export-Import Bank of the United States has approved financing for the TotalEnergies-led Mozambique LNG project.

More News Like This

Wan Hai Lines to switch methanol containership order to LNG fuel

Taiwan's Wan Hai Lines is working on switching an order placed in South Korea last year for eight methanol-powered containerships to LNG fuel, according to shipbuilding sources.

Samsung Heavy launches Petronas’ third FLNG

South Korea’s Samsung Heavy Industries has launched the hull of the third floating LNG production unit being built for Malaysian energy giant Petronas.

Celsius welcomes new LNG carrier in its fleet

South Korea’s Samsung Heavy Industries has handed over another 180,000-cbm LNG carrier to Denmark’s Celsius Tankers, a unit of Celsius Shipping.

Celsius, Jera seal charter deal for newbuild LNG carrier

Celsius revealed the charter deal on Wednesday, but it did not provide further information regarding the contract. VesselsValue data suggests...