Lng Carriers News

The UP World LNG Shipping Index gained 4.05% last week, closing at 182.36 points and exceeding the 180-point mark for the first time in its history. The S&P 500 rose 0.3% over the same period.Trading activity was robust, with volume well above average and a 15:4 ratio of rising to falling stocks. Several companies broke through resistance levels on strong volume, led by COSCO Shipping Energy Transportation (+10.6%) and Chevron (+6.1%). Shell, BP, Tsakos Energy Navigation, and Nakilat all moved above their respective resistance levels.Atlantic spot charter rates continued declining to $11…

French engineering specialist GTT has received an order from the shipyard Hanwha Ocean for the tank design of two new liquefied natural gas (LNG) carriers.As part of this order, GTT will design the cryogenic tanks of the two LNGCs, each offering a capacity of 174,000 m3.The tanks will be fitted with the NO96 Super+ membrane containment system developed by GTT.Delivery of the vessels is scheduled between the first and second quarters of 2029.

French engineering specialist GTT has secured an order from Hanwha Ocean shipyard for the tank design of seven new liquefied natural gas (LNG) carriers.GTT will design the cryogenic tanks of the vessels, which will each offer a total capacity of 174,000 m3.The tanks will be fitted with the NO96 Super+ membrane containment system developed by GTT.The LNG carriers are being built for an undisclosed European shipowner.Delivery of the vessels is expected between 2028 and 2029.

GTT has secured an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of a new liquefied natural gas (LNG) carrier.The LNG carrier will be built by the shipyard Hyundai Samho Heavy Industries (HSHI) on behalf of the ship-owner Hyundai Glovis.With a total capacity of 174,000 m3, the vessel’s cryogenic tanks will be fitted with the Mark III Flex membrane containment system, a technology developed by GTT.Delivery of the vessel is scheduled for the fourth quarter of 2028.

GTT announces that it has received, in the fourth quarter of 2025, an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of two new liquefied natural gas (LNG) carriers.The LNG carriers will be built by the shipyard Hyundai Samho Heavy Industries (HSHI), on behalf of the ship-owner BW LNG.The vessels’ cryogenic tanks will be fitted with the Mark III Flex membrane containment system, a technology developed by GTT.Delivery of the vessels is scheduled for the fourth quarter of 2028.

On December 3, a joint venture company comprising NYK, Kawasaki Kisen Kaisha, MISC, and China LNG Shipping (Holdings) Limited held a naming ceremony for two new 174,000cbm LNG carriers for QatarEnergy.The ceremony was held at HD Hyundai Heavy Industries in South Korea. One vessel was named “Sharq” after an area east of Doha, Qatar’s capital, while the other was dubbed “Shra’ouh” after a Qatari island.The two vessels will be the seventh and eighth of 12 new LNG carriers ordered by the joint venture company for QatarEnergy, the world’s largest LNG providers.

ClassNK has issued an Approval in Principle (AiP) for Spray form insulation system of IMO Type B tank for LNG and ammonia fuel developed by Nihon Shipyard and Hankuk Carbon.The certification demonstrates its feasibility from regulatory and safety perspectives.Traditionally, IMO Type C tanks have been the mainstream choice for LNG-fueled ships due to their advantages in productivity and cost. Meanwhile, for the large-capacity fuel tanks required on large container ships and ammonia-fueled vessels…

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured a contract to build two liquefied natural gas (LNG) carriers for a North American shipowner.The order is valued at 741.2 billion won (about $507 million), HD KSOE said.The vessels will be constructed by HD Hyundai Samho and are scheduled for delivery in 2028.According to the contract details, the shipbuilding period runs through November 30, 2028.The order covers two LNG carriers, reflecting continued demand for high-specification LNG transport capacity amid global gas market expansion.

Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against Russia by trying to choke off Kremlin revenue.In October, the European Union approved new sanctions against Russia that ban Russian LNG imports from January 1, 2027, and Britain and the U.S.

Malaysia’s MISC Group and its consortium partners NYK, K-Line, and China LNG Shipping (Holdings) have taken delivery of two new-generation liquefied natural gas (LNG) carriers, the Mihzem and Idd Al Shargi, marking another milestone in QatarEnergy’s LNG fleet expansion program.Built by Hudong-Zhonghua Shipbuilding, the two carriers are the fifth and sixth vessels in the consortium’s 12-vessel series and the first to be managed by MISC’s Marine Services arm. The delivery underscores…

Technology group Wärtsilä and TMS Cardiff Gas have renewed their existing Lifecycle Agreement, covering the two-stroke main engines onboard seven LNG Carrier vessels, for a further five years.The agreement is designed to ensure the vessels’ maximum operational reliability by enabling flexible maintenance scheduling and optimizing time between overhauls (TBO).The seven vessels each operate with two WinGD 5X72DF dual-fuel two stroke engines and Wärtsilä gas valve units.The scope of the agreement includes Wärtsilä’s Dynamic Maintenance Planning service…

ABS has granted two approvals in principle (AIP) for advanced cargo handling systems designed for liquefied natural gas (LNG) carriers and ethane carriers, developed by HD Korea Shipbuilding & Offshore Engineering (HD KSOE).The subcooling refrigeration system is a key advancement in cargo temperature management for LNG carriers.Unlike conventional systems that rely on a single gaseous refrigerant, the subcooling system utilizes a mixed refrigerant of both gas and liquid, which…

French engineering firm GTT has received an order from the Hanwha Ocean shipyard for the tank design of a new liquefied natural gas (LNG) carrier, on behalf of a North America-based ship-owner.As part of this order, GTT will design the tanks of the vessel, which will offer a total capacity of 174,000 m3.The tanks will be fitted with the NO96 L03+ membrane containment system developed by GTT.Delivery of the vessel is scheduled for the first quarter of 2028.

Technology group Wärtsilä has signed a ten-year lifecycle agreement with Hong Kong-based OPearl LNG Ship Management covering a total of 14 LNG carrier vessels.The agreement is designed to ensure the vessels’ maximum operational reliability by enabling flexible maintenance scheduling and optimizing time between overhauls (TBO).The scope of the agreement includes Wärtsilä’s Dynamic Maintenance Planning solution, which will provide flexible maintenance scheduling and extended maintenance intervals…

Technology group Wärtsilä has signed a 15-year Lifecycle Agreement covering three LNG carriers for China LNG Shipping (International) (CLSICO).The agreement is designed to ensure operational reliability, enable flexibility in maintenance scheduling and optimize the ‘time between overhauls’ (TBO) for each of the vessels.The three vessels that will be covered by the agreement are the Al TUWAR, Al MAS’HABIYYAH, and FAT'H AL KHAIR.They are approximately 300 meters in length and have a capacity of 174,000 m3.

GTT has received, during the third quarter of 2025, an order from the shipyard Samsung Heavy Industries (SHI) for the tank design of four new LNG Carriers.GTT will design the cryogenic tanks of the vessels, each offering a total capacity of 174,000 m³ and equipped with the Mark III Flex membrane containment system, developed by GTT.The delivery of the vessels is scheduled from 2028 onwards.

DNV and HD Hyundai Heavy Industries (HD HHI) have signed a memorandum of understanding (MoU) to collaborate on the development and verification of an optimized 200,000 cubic meter liquefied natural gas (LNG) carrier.The new design aims to deliver improved operational efficiency and enhanced terminal compatibility compared to previous vessel designs.Under the agreement, DNV will carry out design verification of HD HHI’s streamlined LNG carrier, focusing on ensuring higher efficiency…

Mitsui O.S.K. Lines (MOL) has secured approval in principle (AiP) from a Lloyd's Register (LR) for two new different designs of a membrane-type LNG carrier equipped with four units of Wind Challenger, a hard sail wind assisted propulsion system.The AiP covers a new vessel design, for a 174,000 m3 LNG carrier, jointly developed by HD Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI).Each design will be equipped with four Wind Challenger units.Detailed design work for actual construction is currently underway.

An LNG tanker targeted by U.S. sanctions berthed at Russia's Arctic LNG 2 on Thursday, shiptracking data from LSEG and Kpler showed, the fifth such tanker to stop at the project this year.Loadings resumed late in June at the Arctic LNG 2 project, which has been sanctioned over Moscow's war in Ukraine, with four cargoes heading east toward Asia via the Northern Sea Route on sanctioned tankers as well.The fifth, Buran, which berthed at the Arctic LNG 2 plant on Thursday, was previously called North Air, with its name being changed in April after it was targeted by U.S.

Analysts question feasibility as framework trade deal outpaces current U.S. export capacityThe European Union’s commitment to purchase $250 billion in U.S. energy supplies annually under a new trade framework with Washington faces significant market challenges, according to analysts and industry observers.The agreement, announced Sunday, includes 15% U.S. tariffs on most EU goods and a pledge by the EU to dramatically scale up imports of U.S. oil, liquefied natural gas (LNG),…

The European Union has lifted sanctions against three tankers managed by Japan's Mitsui O.S.K.

Hanwha Shipping, a U.S. subsidiary of Korean shipbuilder Hanwha Ocean, on Tuesday said it ordered an LNG carrier valued at roughly $252 million from its own Pennsylvania-based unit Hanwha Philly Shipyard.Under the agreement, the ship will be built in Korea and flagged in the United States. It is slated for delivery in the first half of 2028.The deal comes as the United States works to revive domestic shipbuilding and expand its fleet of commercial and military vessels. Hanwha…

Technology group Wärtsilä has signed a five-year lifecycle agreement with Greek liquefied natural gas (LNG) management company Alpha Gas for two of its LNG carriers.The agreement covers two LNG carriers which each have four Wärtsilä 34DF engines and is aimed at giving Alpha Gas increased operational insight, availability, and better maintenance cost predictability.The agreement with Wärtsilä will help Alpha Gas to optimize the operations and maintenance of the LNG carriers more…