Kogas LNG tender joins South Korean shippers and shipbuilders

Kogas tender for 6 LNG carriers joins South Korean shippers and shipbuilders

Seven shipping lines from South Korea joined forces with local shipbuilding companies to try and win an order from Korea Gas Corp for the build of six LNG carriers. 


Kogas, that will be importing 2.8 million mt per year of the chilled gas from the Sabine Pass terminal in the US for 20 years starting in 2017, issued a tender recently looking for carriers to be built, reports Platts.

A Kogas official said that shippers have formed partnerships with local shipbuilders, submitting applications for a formal bid.

Major names mentioned by the official were Korea Line and Hyundai LNG Shipping who both formed partnerships with DSME, while Glovis and KSS Line joined forces with HHI. SK Shipping partnered up with HHI as well as SHI, with Samsung Heavy Industries also teaming up with H-Line Shipping. Pan Ocean chose Hanjin Heavy Industries to submit their application for the newbuildings together.

Carriers will have the capacity of 174,000 cbm each, and two of the six newbuildings will use the KC-1 LNG cargo containment system of corrugated membrane type developed by Kogas together with major shipyards in South Korea.

Final results of the tender are scheduled for announcement on October 24, according to the official.

 

LNG World News Staff, October 7, 2014; Image: Kogas

Share this article

Follow LNG World News

One thought on “Kogas LNG tender joins South Korean shippers and shipbuilders”

Comments are closed.

Events>

<< Nov 2019 >>
MTWTFSS
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

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >

Budapest LNG Summit 2019

The Budapest LNG Summit is a niche event focused on the up and coming LNG region of Central & Eastern Europe (CEE).

read more >