Tag: LNG carriers

Malaysia’s LNG shipper MISC, a unit of Petronas has signed shipbuilding contracts with Samsung Heavy Industries Co Ltd (SHI) for two new liquefied natural gas (LNG) carriers, with delivery expected in 2027.

Korea is expected to construct 20 LNG carriers for Qatar's forthcoming liquefied natural gas (LNG) project. Qatar Energy, the state-owned energy firm leading the project, is currently negotiating with HD Korea Shipbuilding & Offshore Engineering (KSOE), Hanwha Ocean, and Samsung Heavy Industries to build LNG carriers valued at $5 billion.

Lloyd’s Register has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for its new generation 174,000 cbm Liquified Natural Gas Carrier (LNGC).

Mitsui O.S.K. Lines (MOL) and Chevron Shipping have announced a partnership to install MOL's Wind Challenger, a wind-assisted propulsion system, on a new LNG carrier.

Wärtsilä has signed a 16-year Lifecycle Agreement with Seapeak Maritime (Glasgow) Ltd. The contract covers ten LNG carriers and is an extension of an earlier Wärtsilä Lifecycle Agreement for these vessels. The new order was booked by Wärtsilä in Q1 2024.

Qatar Gas Transport Company Limited (Nakilat) announced that it has been selected by QatarEnergy as the owner and operator of up to 25 conventional size Liquefied Natural Gas (LNG) carriers pursuant to Time Charter Parties to be entered into by affiliates of QatarEnergy and Nakilat.

NYK Line, Namura Shipbuilding Co., Ltd., and Sasebo Heavy Industries Co., Ltd. are collaborating to replace the main propulsion on steam turbine–driven Moss-type LNG carriers.

QatarEnergy announced that it signed an agreement with Korea’s HD Hyundai Heavy Industries (HHI) for the construction of 17 ultra-modern LNG carriers.

The Suez Canal Authority (SCA), in an effort to enhance its competitive advantage, is offering discounts for LNG carriers crossing the canal. 

Japanese shipping company Mitsui O.S.K. Lines (MOL) has entered into a lease agreement for three new LNG carriers with Bank of Communications Financial Leasing Co (BOCOM Leasing).