HD Hyundai Heavy starts building Nakilat’s LNG carrier

South Korean shipbuilder HD Hyundai Heavy Industries has officially started building Nakilat’s first of 17 LNG carriers as part of an order placed last year.

The shipbuilder recently held the steel-cutting ceremony for the LNG carrier (Hull No. 3476), according to Nakilat.

Nakilat said this marks the construction start of 17 LNG carriers at HD Hyundai Heavy under the massive QatarEnergy shipbuilding program.

Last year, state-run LNG giant QatarEnergy signed time charter agreements with Nakilat for 25 conventional-size LNG carriers as part of the second phase of its shipbuidling program.

The remaining eight vessels are being constructed at South Korea’s Hanwha Ocean, formerly Daewoo Shipbuilding & Marine Engineering.

In March, Hanwha Ocean started building Nakilat’s first of eight LNG carriers.

In addition to these 174,000-cbm vessels, QatarEnergy also signed a time charter and operation agreement with Nakilat for nine 271,000-cbm LNG carriers.

The nine QC-Max vessels will be constructed at China’s Hudong-Zhonghua.

Nakilat has 36 LNG carriers and four LPG/ammonia carriers on order.

The total vessel count in the company’s fleet will reach 114 once all the vessels are delivered, including 105 LNG carriers.

Most Popular

BW upgrades LNG carrier

Oslo-based BW LNG, a unit of Singapore’s gas shipping giant BW, is upgrading its 2019-built LNG carrier BW Pavilion Aranda with a sub-cooler.

Samsung Heavy bags orders for six LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured contracts worth $1.54 billion to build six liquefied natural gas (LNG) carriers.

Woodside working to charter vessels to ship Louisiana LNG cargoes, CEO says

Australian LNG player Woodside is currently working through how many chartered liquefied natural gas carriers the company will need to ship cargoes from its Louisiana LNG export terminal in the US, according to CEO Meg O’Neill.

More News Like This

NYK, partners take delivery of QatarEnergy LNG carrier

Japan’s NYK and its partners K Line, Malaysia’s MISC, and China’s CLNG have taken delivery of a 174,000-cbm LNG carrier built under the massive QatarEnergy shipbuilding program.

Nakilat’s H1 profit climbs 3.7 percent

Qatari LNG shipping giant Nakilat said its net profit increased 3.7 percent in the first half of this year.

Nakilat, KEXIM launch first financing package for 25 LNG carriers

Qatari LNG shipping giant Nakilat has launched the first financing package with the Export-Import Bank of Korea (KEXIM) for 25 conventional Korean-built LNG 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.