AsiaVessels

DSME starts work on new BW LNG carrier

By Mirza Duran
BW LNG keel-laying ceremony
BW LNG keel-laying ceremony

South Korea’s Daewoo Shipbuilding and Marine Engineering has started construction on a new liquefied natural gas carrier for BW LNG.

The Korean yard hosted a keel-laying ceremony to mark the construction start of the vessel on Wednesday.

The LNG carrier is the sixth BW LNG vessel in a series of eight ships under construction at DSME.

The shipping company expects to take the delivery of the ship in June 2021.

The vessel with a hull number 2497 will have a 174,000 cubic meter capacity.

Norway’s BW LNG, a unit of the Singapore-based gas shipping giant BW Group, placed the order for the carrier back in 2018 along with a sister vessel.

Both of the carriers will feature MAN’s dual-fuel ME-GI propulsion and reliquefaction system.

BW LNG’s fleet comprises of 29 vessels out of which 24 ships are in operation and five are on order with Daewoo.

The company’s fleet includes four floating storage and regasification units.

Most Popular

Contracts and Tenders

Galp wins Calcasieu Pass arbitration against Venture Global

Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.
Vessels

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.
Contracts and Tenders

Seatrium scores Excelerate FSRU conversion gig

Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from US FSRU player Excelerate Energy.

More News Like This

Vessels

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.
Vessels

BW confirms sale of steam LNG carrier

Singapore-based gas shipping giant BW confirmed that it has sold its 2005-built steam LNG carrier, LNG Oyo.
Vessels

BW’s steam LNG carrier set for FSRU conversion

BW LNG's 2006-built steam vessel, LNG Benue, is set to be converted into a floating storage and regasification unit, according to China’s Huarun Dadong Dockyard (HRDD).
LNG Terminals

Indonesia’s AKRA forms FSRU JV with BW

Indonesian petroleum and chemicals logistics company AKR Corporindo (AKRA) has formed a joint venture with a unit of Singapore-based gas shipping giant BW to develop an FSRU-based LNG project in Indonesia.