Sinokor buys LNG carrier from TotalEnergies

South Korea’s Sinokor Merchant Marine has purchased a 2007-built LNG carrier from France’s TotalEnergies and Japan’s NYK, according to brokers.

The vessel in question is the 154,500-cbm LNG Alliance, previously known as Gaselys.

According to reports by Intermodal and other brokers, TotalEnergies sold the LNG carrier to Sinokor for $68 million.

One of the world’s largest LNG players also chartered the vessel back for a period of about 15 months, the reports said.

TotalEnergies purchased this vessel and other LNG carriers as part of its $1.49 billion LNG assets deal with compatriot Engie which closed in 2018.

This LNG carrier is a sister ship to LNG Unity, now named Karadeniz LNGT Powership Anatolia after TotalEnergies sold it to Turkey’s Karpowership.

LNG Alliance is 289.6 meters long and features Wartsila’s dual-fuel propulsion and GTT’s CS1 tank membrane tech.

TotalEnergies charters a large fleet of LNG carriers to ship contracted and spot LNG supplies around the globe. These also include two floating storage and regasification units.

The firm recently said that the company’s integrated LNG business logged a drop in its adjusted net operating in the first quarter of this year due to lower prices.

During the first quarter, TotalEnergies sold 11 million tonnes of LNG, down by 17 percent when compared to the year before and a drop of 13 percent when compared to the prior quarter.

Most Popular

Aramco eyes large LNG portfolio

Aramco's long-term ambition is to have a portfolio of 20 million tonnes per annum (mtpa) of LNG capacity, according to Aramco’s CEO, Amin Nasser.

Inpex awards FEED contracts for Abadi onshore LNG plant

Japan's Inpex has awarded contracts to two contractor consortia for the front-end engineering design (FEED) work for the onshore LNG plant as part of the Abadi LNG project in Indonesia. The contractors include JGC and Technip Energies, and KBR, Samsung E&A, and Adhi Karya (Persero).

Hudong-Zhonghua to build another LNG bunkering vessel for TotalEnergies

China’s Hudong-Zhonghua said it had secured another order to build one 18,600-cbm LNG bunkering vessel for French energy giant TotalEnergies and Spain's shipping firm Ibaizabal.

More News Like This

QatarEnergy LNG tanker wraps up trials in China

A 174,000-cbm LNG carrier built as part of the massive QatarEnergy shipbuilding program has completed its trials in China, according to Hudong-Zhonghua.

Hudong-Zhonghua to build another LNG bunkering vessel for TotalEnergies

China’s Hudong-Zhonghua said it had secured another order to build one 18,600-cbm LNG bunkering vessel for French energy giant TotalEnergies and Spain's shipping firm Ibaizabal.

TotalEnergies working on Mozambique LNG restart, CEO says

France's TotalEnergies and its partners in the giant Mozambique LNG project are still working with the Mozambique government on restarting construction on the 12.8 mtpa project, according to Patrick Pouyanne, CEO of TotalEnergies.

TotalEnergies reports higher LNG sales, lower earnings

French energy giant TotalEnergies reported higher LNG sales in the second quarter of this year, while its integrated LNG business logged lower adjusted net operating income due to lower prices.