AsiaGas

Dynagas and NYK book LNG slots in Korea 

The identities of the owners behind recent big-ticket LNG orders at Hyundai Heavy Industries (HHI) in South Korea have been revealed. 

According to Allied Shipbroking Greek owner Dynagas has returned for 200,000 cu m LNG carriers following on from its order for three such vessels at the same yard back in January. 

Dynagas is having to pay $15m more per unit for these latest ships, with each ship coming in at $277m. 

HHI has also won an order for four 174,000 cu m ships from Japan’s Nippon Yusen Kaisha (NYK). The ships are costing $257m each. 

All Dynagas’ and NYK’s latest orders are scheduled to deliver in 2027 with all ships expected to be against long-term employment to EnBW.

Splash reported last month how the global LNG orderbook now stands at an all-time high of 50% of the extant fleet.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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