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

Golar plans new FLNG order in 2025

Floating LNG player Golar LNG is working with shipyards to order one or more floating LNG production units in 2025.

Golar chairman says FLNG industry set for ‘massive’ growth

Golar LNG will continue to expand its fleet of floating LNG production units in an industry set for "massive" growth, according to Golar LNG's chairman, Tor Olav Trøim.

Venture Global to start CP2 LNG construction after FERC approval

US LNG exporter Venture Global LNG plans to start construction of its CP2 LNG project in Louisiana "immediately" following approval from the US FERC.

More News Like This

Nakilat’s Q1 profit up 3.2 percent

Qatari LNG shipping giant Nakilat said its net profit increased 3.2 percent in the first quarter compared to last year.

VesselsValue: South Korea’s LNG carrier orderbook worth $71.3 billion

South Korean yards have 276 LNG carriers worth $71.3 billion on order, according to the newest data by Veson Nautical’s VesselsValue.

HD Hyundai Samho kicks off work on Nakilat’s LNG carrier

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

Hanwha Ocean starts work on Nakilat’s LNG carrier

South Korean shipbuilder Hanwha Ocean has officially started building Nakilat's first of eight LNG carriers under the massive QatarEnergy shipbuilding program.