Hyundai LNG Shipping orders its first VLGC

Hyundai LNG Shipping orders its first VLGC
Image courtesy of Hyundai LNG Shipping

Hyundai LNG Shipping Company (HLS), South Korean owner of 10 LNG carriers, has placed an order at Hyundai Heavy Industry for the construction of one 84,600-cbm very large gas carrier (VLGC).

The vessel will be delivered in the third quarter of 2020 for the employment of seven-year time charter with a global energy company.

The deal includes an extension option, Hyundai LNG Shipping Company (HLS) said in a statement.

HLS is the first LNG shipping company in Korea who started its first operation for Kogas twenty five years ago.

Currently delivers about 28 percent of Korea’s import volume of FOB contracted LNG, the statement reads.

Share this article

Follow LNG World News

Events>

<< May 2019 >>
MTWTFSS
29 30 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 31 1 2

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

GIE Annual Conference 2019

The French gas infrastructure operators ELENGY, GRTgaz and Storengy are looking forward to be your hosts in 2019.

read more >

LNG Pricing, Trading & Hedging London

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >