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    GasLog to Take Delivery of Korean-Built LNGC

Summary

The vessel arriving this month will be chartered to Japan's Jera under a 12-year contract.

by: Shardul Sharma

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Natural Gas & LNG News, Asia/Oceania, Europe, Liquefied Natural Gas (LNG), Premium, Security of Supply, Corporate, News By Country, Japan, South Korea

GasLog to Take Delivery of Korean-Built LNGC

Monaco-based shipowner GasLog is scheduled to take delivery of the LNG carrier, GasLog Wales, from South Korean shipbuilder Samsung Heavy Industries on May 11, it said on May 7 in a statement.

The GasLog Wales is a 180,000 m3 LNG carrier with GTT’s Mark III Flex Plus containment system and X-DF propulsion. It will start a 12-year time charter agreement with Japan’s Jera, GasLog said.

GasLog took the first delivery of this year last month. It took delivery of the GasLog Windsor, a 180,000 m3 LNG carrier cargo capacity LNG carrier with similar X-DF propulsion and Mark III Flex containment system.

Despite the industrial disruption in South Korea caused by the Covid-19 outbreak, GasLog Windsor was delivered on time and on budget. It is on a seven-year charter with a wholly-owned subsidiary of Centrica.