• Natural Gas News

    Hyundai LNG Orders VLGC

Summary

The company currently delivers about 28% of South Korea’s import volume of FOB contracted LNG.

by: Shardul Sharma

Posted in:

Natural Gas & LNG News, Asia/Oceania, Liquified Natural Gas (LNG), Security of Supply, Corporate, Import/Export, News By Country, South Korea

Hyundai LNG Orders VLGC

Hyundai LNG Shipping Company has placed an order at Hyundai Heavy Industry (HHI) for the construction of one 84,600 m3 very large gas carrier (VLGC), it said April 17.

The vessel will be delivered in 3Q 2020 for the employment of seven year time charter with a global energy company, Hyundai LNG said.

Hyundai LNG owns 10 LNG carrier and currently delivers about 28% of South Korea’s import volume of FOB contracted LNG.