Second LNG newbuild to join Capital Gas fleet

Greece’s Capital Gas is due to take delivery of its second 174,000-cbm XDF LNG carrier following the completion of the vessels’ gas trials.

South Korea’s Hyundai Heavy Industries would handover the vessel named Aristidis I in early January, according to the unit of Capital Maritime.

Following delivery, Aristidis I will serve BP Shipping for a period up to 12 years under a charter deal.

This 299 meters long vessel follows the recent delivery of Aristos I that also serves BP’s shipping unit.

The delivery marked the official entry in the LNG shipping world for Evangelos Marinakis-led Capital Gas.

Furthermore, the shipping firm has five additional sister LNG newbuilds on order in South Korea scheduled for delivery throughout next year and one in January 2023.

All of the seven LNG carriers feature WinGD’s XDF engines and GTT’s Mark III Flex containment system but also an air lubrication system and increased filling limits.

Most Popular

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

More News Like This

HD Hyundai Heavy, DNV to work on new LNG carrier design

South Korean shipbuilder HD Hyundai Heavy Industries has signed a memorandum of understanding with classification society DNV to collaborate on the development and verification of an optimized 200,000 cubic meter LNG carrier.

MOL gets OK for two LNG carrier designs with sails

Japan’s shipping giant MOL has secured approval from classification society Lloyd's Register (LR) for two liquefied natural gas (LNG) carrier designs equipped with four Wind Challenger sails.

Capital sells another LNG carrier for scrap

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

HD Hyundai, SK Shipping join forces on AI-based LNG cargo solution

HD Hyundai's three units are joining forces with SK Shipping to install an artificial intelligence-based LNG cargo operation solution on the latter's 174,000-cbm LNG carrier.