Video: Capital Gas takes delivery of BP-chartered LNG newbuild

Greece’s Capital Gas has welcomed a 174,000-cbm LNG carrier in its fleet, the first out of seven being built at South Korea’s Hyundai Heavy Industries.

The LNG carrier named Aristos I will serve BP’s shipping unit under a charter deal that will last up to 12 years, according to Capital Gas.

Propelled by WinGD’s XDF engines and equipped with GTT’s Mark III Flex containment system, the newbuild also features an air lubrication system and increased filling limits.

As previously mentioned, this vessel marks the official entry in the LNG shipping world for Evangelos Marinakis-led Capital Gas. The other six vessels will have the same specifications as Aristos I.

Looking at the current schedule posted on the firm’s website, the delivery of the second LNG carrier will take place in January followed by the third in June.

The fourth and the fifth ship should both join the fleet in August next year.

Furthermore, Capital Gas aims to take delivery of the sixth XDF carrier in September 2021 with the seventh and last vessel in this batch joining in January 2023.

Most Popular

BP takes FID on Ginger gas project in Trinidad and Tobago

UK-based energy giant BP has taken the final investment decision on the Ginger gas development offshore Trinidad and Tobago.

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.

Japan’s Tokyo Gas to expand LNG trading business

Japan’s city gas supplier and LNG importer, Tokyo Gas, plans to expand its liquefied natural gas trading business further, including in the US.

More News Like This

BP takes FID on Ginger gas project in Trinidad and Tobago

UK-based energy giant BP has taken the final investment decision on the Ginger gas development offshore Trinidad and Tobago.

Argentina’s Enarsa gets offers for LNG cargo tender

Argentina's state-owned LNG importer Energia Argentina (Enarsa) has received seven offers for its first LNG cargo tender in 2025.

Shell CEO expects progress on Venture Global arbitration this year

Shell’s CEO Wael Sawan expects to have an update on an arbitration dispute with US LNG exporter Venture Global LNG later this year.

BP exercises option to terminate charter deal for Seapeak LNG carrier

A unit of UK-based energy giant BP has exercised its option to terminate the existing charter deal for one of Seapeak's liquefied natural gas (LNG) carriers.