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

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Atlantic LNG shipping rates continue to decrease

Atlantic LNG freight shipping rates continued to decrease this week, while European prices also dropped compared to last week.

More News Like This

Ibaizabal inks LoI for LNG bunkering newbuild

Spanish shipowner Ibaizabal has signed a letter of intent with China’s Hudong–Zhonghua to build another LNG bunkering vessel, according to shipbuilding sources.

Hudong-Zhonghua gets approvals for new three-tank LNG carrier

Chinese shipbuilder Hudong-Zhonghua has received approvals from classification societies for a new three-tank LNG carrier design.

China’s Hudong-Zhonghua delivers its 50th LNG carrier

Chinese shipbuilder Hudong-Zhonghua has delivered its 50th liquefied natural gas (LNG) carrier.

Cosco, PetroChina to take delivery of new LNG carrier

China's Cosco Shipping Energy Transportation and PetroChina will soon take delivery of a new liquefied natural gas (LNG) carrier.