K-Line charters two newbuild LNG carriers to Petronas

The signing ceremony held in Kuala Lumpur; Image courtesy of K-Line

Kawasaki Kisen Kaisha (K-Line) has signed a long-term time charter contract for two newbuilding LNG carriers with Malaysian energy company Petronas.

K-Line said on Monday that it signed shipbuilding contracts for two 79,960 cbm LNG carriers with Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC).

The vessels are scheduled for delivery in the second quarter of 2022, the LNG carriers will have a length of 239 meters and a width of 36.6 meters.

The newbuilds will work for Petronas LNG under a 12-year time charter which includes a 12-year extension option.

As for the engines used on the vessels, they will be equipped with an X-DF dual-fuel engine that uses gas admitted at low pressure.

K-Line added that the ship tandem would transport LNG from Malaysia to Shenergy Co., Ltd., China, starting from 2022.

The company also stated that these were the first long-term time charter deals agreed between Petronas and K-Line for newbuild units.

Share this article

Follow LNG World News

Events>

<< Apr 2020 >>
MTWTFSS
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

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >