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

Seapeak books $19.3 million charge as it lays off seafarers on steam LNG carriers

Stonepeak’s Seapeak booked $19.3 million of restructuring charges in the second quarter of this year, primarily due to laying off its Spanish seafarers working on steam LNG carriers.

Golar moving forward with new FLNG order

Floating LNG player Golar LNG is moving forward with its plans to order its fourth FLNG conversion. In order to secure "attractive" delivery, Golar plans to enter into slot reservations for long-lead equipment within the third quarter of this year.

Hanwha’s units, Kospo to jointly buy US LNG

South Korea's Hanwha Aerospace and Hanwha Energy, units of Hanwha, are teaming up with compatriot Korea Southern Power (Kospo) to jointly buy US liquefied natural gas (LNG) supplies.

More News Like This

Cheniere, Jera seal long-term LNG SPA

US LNG exporter Cheniere has signed a long-term LNG sale and purchase agreement with Japan's Jera.

GasLog Partners, Excelerate wrap up $27 million LNG carrier deal

GasLog Partners, a part of Greek LNG shipping firm GasLog, has completed the sale of a 2007-built steam liquefied natural gas carrier to US FSRU player Excelerate Energy.

Sempra Infrastructure, Jera seal 20-year LNG SPA

US LNG exporter Sempra Infrastructure, a unit of Sempra, has signed a 20-year LNG supply contract with Japan's Jera for volumes from the Port Arthur LNG Phase 2 development project in Texas.

Woodside, Jera ink non-binding winter LNG supply deal

A unit of Australian LNG player Woodside and Japan's Jera have entered into a non-binding heads of agreement for the sale and purchase of LNG cargoes during Japan’s peak winter period.