LNG shipowner GasLog has announced that it has ordered a newbuild 180,000 cu m LNG carrier from South Korea’s Samsung Heavy Industries.
The vessel features XDF propulsion and is scheduled to be delivered in the third quarter of 2019, when GasLog expects the LNG shipping market to be strong.
Paul Wogan, chief executive officer of GasLog, commented: “I am very pleased to announce this expansion in our fleet. We have secured this vessel at a very attractive cost and she will be equipped with the latest propulsion and cargo containment technology which will result in highly competitive unit freight costs. The vessel is expected to deliver into a strong LNG shipping market which, according to our estimates, will be short of capacity by the winter of 2019/2020.”
GasLog says the vessel is currently not attached to a charter.
