GasLog orders new LNG pair at SHI as Cheniere exercises charter option

GasLog orders new LNG pair at SHI as Cheniere exercises charter option
Image courtesy of GasLog

Monaco-based LNG shipper GasLog has ordered an LNG carrier pair at the South Korean Samsung Heavy Industries shipyard to serve newly agreed charter deals with Cheniere. 

The shipper said in Wednesday the charters are for a seven-year period, adding that Cheniere exercised its option agreed in August.

Cheniere initially chartered two 174,000 cubic meter LNG carriers with low-pressure two-stroke propulsion have been ordered from SHI, with expected delivery in late 2020.

Speaking in August, GasLog CEO, Paul Wogan said the company is continuing to expand its fleet with newbuilds backed by long-term contracts.

He added that further incremental shipping capacity will be needed to supply forecast LNG demand growth.

GasLog’s consolidated owned fleet consists of 34 LNG carriers, including 25 ships on the water and nine on order.

Share this article

Follow LNG World News

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

Offshore Energy Exhibition and Conference 2019

The three-day event includes an exhibition where an expected 600+ supply chain companies will showcase their products and services.

read more >

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >