Dynagas takes delivery of second FSRU

Greek shipping firm Dynagas has taken delivery of the second floating storage and regasification unit (FSRU) from China’s Hudong-Zhonghua.

Hudong officially delivered the 174,000-cbm Transgas Force during a ceremony on Friday.

This comes just one day after the state-owned yard hosted a naming ceremony for the vessel.

With this delivery, Hudong has completed the entire project which included two FSRUs.

In July this year, Dynagas took delivery of the 174,000-cbm Transgas Power, the first unit in this batch of two. Brokers previously said this ship serves France’s TotalEnergies.

Dynagas takes delivery of second FSRU
Image: Hudong-Zhonghua Shipbuilding

The FSRU Transgas Force, financed by CSSC Shipping, the financial leasing unit of CSSC, would go on a charter to US LNG exporter Cheniere, one shipbuilding source told LNG Prime on Thursday.

Cheniere would charter the vessel for a short period and use it as an LNG carrier, the source said.

The vessel’s delivery comes at a time when Asia-Pacific LNG shipping day rates have surged to a record high of around $300,000/day for a standard LNG carrier, according to S&P Global Platts.

Both of these two vessels are the first Chinese-built FSRUs, Hudong previously said.

The units feature three Wartsila regasification modules. Each regas unit has a capacity of 250 million standard cubic feet per day.

Also, the FSRUs have MAN dual-fuel diesel-electric propulsion and GTT’s NO96 containment system.

Most Popular

Hudong-Zhonghua gets approvals for new LNG bunkering vessel

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a 25,000-cbm LNG bunkering vessel design it jointly developed with French LNG containment specialist GTT.

Posco International, Glenfarne ink Alaska LNG pact

US energy firm Glenfarne and Posco International, a unit of South Korean steel producer Posco, have signed a deal to advance a strategic partnership for the development of the Alaska LNG project. This includes initial terms for a long-term heads of agreement for LNG supply.

Monkey Island LNG pens offtake MoU

Houston-based Monkey Island LNG, the developer of a 26 mtpa liquefaction and export facility in Cameron Parish, Louisiana, said it had signed a memorandum of understanding with an unidentified international oil company for the offtake of LNG.

More News Like This

Hudong-Zhonghua gets approvals for new LNG bunkering vessel

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a 25,000-cbm LNG bunkering vessel design it jointly developed with French LNG containment specialist GTT.

Dynagas LNG Partners reports higher Q2 net income

Dynagas LNG Partners, the operator of six LNG carriers that work under long-term charters, reported a rise in its net income in the second quarter compared to the same period in 2024.

CMA CGM’s LNG-powered giant floated out in China

China’s Hudong-Zhonghua has launched the third in a new series of 24,000-teu LNG dual-fuel containerships for French shipping giant CMA CGM.

Cosco Shipping Development, MOL seal sale and leaseback deal for LNG carrier

Cosco Shipping Development, a unit of Cosco Shipping, has entered into a sale and leaseback agreement with a unit of Japan's MOL for one 271,000-cbm LNG carrier.