AsiaLNG as FuelVessels

South Korea’s Kogas welcomes LNG bunkering vessel with new cargo system

By LNG Prime Staff
South Korea's Kogas welcomes LNG bunkering vessel with new cargo system
Image: Kogas

A unit of South Korean LNG importing giant Kogas has taken delivery of a 7,500-cbm LNG bunkering vessel equipped with a new cargo containment system.

According to Kogas and MOTIE, the naming ceremony for the bunkering vessel took place at the Hyundai Heavy Industries’ yard in Ulsan on May 10.

Moreover, the LNG bunkering vessel, Blue Whale, features the KC-2 membrane cargo containment system, which is an improved version of the KC-1 system developed by Kogas.

Korea LNG Bunkering, a unit of Kogas, ordered this LNG bunkering ship at compatriot HHI in 2021.

The firm’s unit was selected by South Korea’s Ministry for Industry and Energy, or MOTIE, for the LNG bunkering project and it also received 15 billion won ($11.3 million) in subsidies from MOTIE for the construction of the vessel.

South Korea's Kogas welcomes LNG bunkering vessel with new cargo system
Image: MOTIE

Hyundai LNG Shipping to operate the ship

MOTIE said in a statement that the total price tag for the ship, South Korea’s first dedicated LNG bunkering vessel, reached 55.3 billion won ($41.6 million).

Also, Kogas said in a separate statement that its unit Korea LNG Bunkering has selected Hyundai LNG Shipping in January to operate the new ship.

The new 7,500-cbm vessel adds to SM Jeju LNG2, Korea’s first LNG bunkering vessel which Kogas chartered from Korea Line.

Last year, Korea LNG Bunkering or KOLB signed a deal to supply LNG with SM Jeju LNG2 to H-Line Shipping’s vessel in South Korea.

Besides these ships, EK Heavy Industries last year completed South Korea’s first LNG bunkering vessel for coastal ships.

The vessel named K LNG Dream has a capacity of 500 cbm.

Most Popular

LNG Terminals

Venture Global’s Plaquemines LNG to commission fourth tank

US LNG exporter Venture Global LNG has received approval from the US FERC to commission the fourth storage tank with LNG at its Plaquemines plant in Louisiana.
Contracts and Tenders

Worley gets full notice to proceed on first phase of CP2 LNG project

Australian engineering firm Worley has received a full notice to proceed from US LNG exporter Venture Global LNG under its reimbursable EPC contract for the first phase of the CP2 LNG project in Louisiana.
LNG Terminals

US FERC issues final SEIS for NextDecade’s Rio Grande LNG project

The US Federal Energy Regulatory Commission (FERC) has released a final supplemental environmental impact statement for NextDecade's Rio Grande LNG facility and the accompanying pipeline in Texas. FERC continues to conclude that approval of the projects would result in "less than significant impacts."

More News Like This

Vessels

HD Hyundai Heavy kicks off work on Gdansk FSRU

South Korean shipbuilder HD Hyundai Heavy Industries has officially started building MOL's floating storage and regasification unit (FSRU), which will serve Gaz-System's Gdansk LNG project in Poland.
LNG Terminals

South Korea gets first LNG Canada cargo

The 174,000-cbm GasLog Glasgow, which is carrying the first liquefied natural gas cargo produced at the Shell-led LNG Canada facility in Kitimat, has arrived in Tongyeong, South Korea, according to shipping data.
LNG Terminals

South Korea’s Kogas says June sales down

South Korean LNG importing giant Kogas said its gas sales decreased by 12.4 percent in June compared to last year.
Vessels

Hyundai LNG Shipping sells another carrier for scrap

South Korea's Hyundai LNG Shipping has sold another steam liquefied natural gas (LNG) carrier for scrap, according to brokers.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA