GasLog inks new LNG carrier charter deal

Peter Livanos-led GasLog has signed a new charter deal for one of its liquefied natural gas (LNG) carriers.

The TFDE LNG carrier in question is the 2010-built GasLog Savannah with a capacity of 155,000 cbm.

GasLog revealed the charter deal last month in its second-quarter results report.

The firm signed the multi-month time charter party agreement with a “multinational oil and gas company”.

GasLog said in the report it expects the charter to start in the third quarter of 2022.

The charterer of GasLog Savannah is the same “multinational oil and gas company” that booked one out of the four vessels GasLog ordered from South Korea’s Daewoo Shipbuilding and Marine Engineering, according to the firm.

In December last year, GasLog placed an order for four ME-GI LNG carriers at DSME with deliveries scheduled in 2024 and 2025.

Two of these four 174,000-cbm LNG carriers will go on charter to Australia’s LNG producer Woodside and one ship will serve Japan’s trading house Mitsui & Co.

Earlier this year, GasLog said in its first-quarter report it had chartered the fourth vessel in this batch for a period of seven years.

This charter will start upon delivery of the vessel scheduled for the third quarter of 2024.

During the second-quarter, Gaslog was also awarded a one-year charter deal by Greece’s DESFA for the 145,000-cbm Methane Lydon Volney.

The 2006-built LNG vessel serves as a floating storage unit at DESFA’s Revithoussa LNG import facility in Greece.

Besides these deals, Gaslog Partners also secured two new charter deals and decided to sell one steam LNG carrier during the second quarter.

Most Popular

Delfin takes FID on first FLNG

Delfin Midstream has taken a final investment decision for the first 4.4 mtpa floating liquefied natural gas unit of its LNG project under development in Louisiana. Delfin says the FLNG is the first floating liquefaction facility in the United States and the world's largest FLNG.

Samsung Heavy secures FLNG order from Delfin

South Korea's Samsung Heavy Industries has secured an order worth approximately $2.88 billion to build the first floating LNG production unit for Delfin Midstream, the US developer of a floating LNG export project offshore Louisiana, according to shipbuilding sources.

Macquarie to buy more LNG from Amigo LNG

A unit of Australia's Macquarie has agreed to buy more LNG from Amigo LNG's planned 7.8 mtpa LNG export plant in Mexico.

More News Like This

GasLog Partners sells steam LNG carrier

GasLog Partners, part of Greek LNG carrier owner GasLog, has agreed to sell its last steam LNG carrier, Methane Rita Andrea.

Malaysia’s MHB hits LNG carrier repair record

Malaysia Marine and Heavy Engineering (MHB) has delivered 26 LNG carrier repairs in 2025, the highest in its history.

GasLog Partners logs net loss in Q4

GasLog Partners, part of Greek LNG carrier owner GasLog, reported a net loss in the fourth quarter of last year due to a non-cash impairment loss related to the value of four of its vessels and a weak market.

GasLog, Woodside take delivery of LNG carrier in South Korea

Greece’s GasLog has taken delivery of a Woodside-chartered liquefied natural gas (LNG) carrier from Hanwha Ocean in South Korea.