K Line takes delivery of second Petronas-chartered LNG carrier

Japan’s K Line took delivery of the second mid-sized LNG tanker it chartered to Malaysia’s energy giant Petronas.

China’s Hudong-Zhonghua delivered the 79,960-cbm LNG Lagenda Serenity on Friday, according to a statement by the shipbuilder.

This follows the delivery of its sister vessel Lagenda Suria on May 26.

K Line chartered both of the 239 meters long ABS-classed ships to Petronas for a period of 12 years.

They will transport LNG under a long-term deal the Malaysian firm signed with China’s Shenergy Group.

K Line takes delivery of second Petronas-chartered LNG carrier
Image: Hudong-Zhonghua Shipbuilding

The Wuhaogou-Max (W-Max) vessels are optimized for the delivery of LNG cargoes to Shenergy’s Wuhaogou terminal in Shanghai.

K Line also signed a shipbuilding contract with Hudong-Zhonghua for a third medium-sized LNG carrier in October last year. The LNG carrier is a sister vessel to the two ships with some minor modifications.

All of the ships feature WinGD’s dual-fuel X-DF propulsion and GTT’s NO96 L03+ containment system.

Most Popular

Shell adds another LNG carrier to its fleet

A unit of UK-based LNG giant Shell has added another chartered liquefied natural gas carrier to its fleet.

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.

Venture Global gets OK to introduce gas to final Plaquemines LNG block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the 18th and final liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.

More News Like This

Malaysia’s Petronas logs lower LNG sales in H1

Malaysian energy giant Petronas reported a decline in its liquefied natural gas (LNG) sales and net profit for the first half of this year compared to the same period last year.

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.

MISC: LNG carrier charter rates to remain soft

Malaysia’s LNG shipping player MISC, a unit of Petronas, said on Monday that LNG carrier charter rates are expected to remain soft through 2025, primarily due to continued robust fleet expansion and subdued tonne-mile demand.