Jera starts using GasLog LNG carrier

Japan’s liquefied natural gas trading giant Jera has started using a brand new LNG carrier as part of a long-term charter deal with GasLog.

To remind, Greece-based LNG shipper GasLog revealed last week it would take delivery of GasLog Wales from South Korea’s Samsung Heavy.

The 180,000 cubic meter cargo capacity LNG carrier with dual fuel medium speed propulsion started its 12-year charter with Jera on Monday.

The 297 meters long newbuild features GTT’s Mark III Flex Plus containment system but also latest technological developments in cargo containment and boil-off gas management.

The LNG carrier is the second of seven vessels GasLog will be taking delivery of through the third quarter of 2021.

GasLog chief executive Paul Wogan said the GasLog Wales delivery was “safe and on budget despite the many challenges presented by the Covid-19 coronavirus pandemic”.

Most Popular

Atlantic LNG shipping rates, European prices down

Atlantic LNG freight shipping rates and European prices decreased this week compared to the week before.

Glenfarne becomes majority owner of Alaska LNG

US energy firm Glenfarne has signed definitive agreements with state-owned Alaska Gasline Development Corporation to become the majority owner of the giant Alaska LNG export project.

Petronas to supply LNG to PetroVietnam Gas

Malaysian energy giant Petronas will supply liquefied natural gas (LNG) to PetroVietnam Gas, a unit of state-owned PetroVietnam, next month. The two firms will also look into the possibility of signing long-term LNG contracts.

More News Like This

Jera and EDF expand LNG trading JV to include Japanese power trading

Japan’s Jera and France’s EDF have agreed to expand their LNG and coal trading joint venture, Jera Global Markets, to include Japanese power trading.

Japan’s Jera launches third LNG unit at Goi power plant

Japan’s Jera has launched the third and final new LNG unit at its Goi thermal power plant in Chiba as part of a replacement project.

GasLog Partners reports lower profit in Q4

GasLog Partners, part of Greek LNG carrier owner GasLog, reported lower profit and revenues in the fourth quarter of the last year due to a weak market and a non-cash impairment loss.

Adnoc Gas, Jera Global Markets seal $450 million LNG supply deal

Jera Global Markets, a joint venture between majority shareholder Japan’s Jera and France’s EDF, and Adnoc Gas announced the...