Hyundai Mipo delivers large LNG bunkering vessel to Korea Line

South Korea’s Hyundai Mipo Dockyard said it has delivered a large LNG bunkering ship to compatriot Korea Line.

Hyundai Mipo handed over the 18,000-cbm K. Lotus on Wednesday. This vessel will go on charter to LNG giant Shell.

According to Hyundai Mipo, it would start operating next month in the Dutch Rotterdam port.

Hyundai Mipo says this is the world’s largest LNG bunkering ship. However, it has less capacity than the 20,000-cbm Hai Gang Wei Lai, previously known as Avenir Allegiance, or the 20,000-cbm Avenir Achievement, also chartered by Shell.

SM Group’s Korea Line ordered this LNG bunkering ship at the yard for about $62 million back in 2019.

The 166 meters long and 24.4 meters wide dual-fuel vessel features Wartsila’s LNG cargo handling and fuel system.

Besides this ship, Korea Line LNG, a unit of Korea Line, has ordered one additional bunkering vessel at Hyundai Mipo last year.

The yard should deliver this 18,000-cbm vessel worth about $62 million in 2023.

- Advertisements -

Most Popular

TotalEnergies supplies LNG cargo to PetroVietnam Gas

PetroVietnam Gas, a unit of state-owned PetroVietnam, has received a liquefied natural gas cargo from a unit of France's...

Spot LNG shipping rates nearly flat, European prices drop

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet remained steady this week, while European prices...

US LNG exports climb to 28 shipments

US liquefied natural gas exports rose in the week ending May 15 compared to the week before, with the...

More News Like This

UK’s Dragon LNG terminal offers capacity from September 2029

The UK’s Dragon LNG terminal in Milford Haven has invited market participants to express an interest in capacity at...

Singapore LNG bunkering volumes jump

Singapore's LNG bunkering sales jumped in the first four months of this year, reaching a new record, according to...

Peru LNG exports steady in April

Liquefied natural gas exports from Peru remained steady in April, with five cargoes leaving Peru LNG’s liquefaction plant at...

VTTI to buy 50 percent stake in UK’s Dragon LNG terminal

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, has entered into a deal with infrastructure manager,...