GasLog Lays Keel for Its New LNG Carrier at SHI Yard

Monaco-based ship owner and operator GasLog held a keel laying ceremony for its new liquefied natural gas (LNG) carrier at Samsung Heavy Industries’ shipyard on June 18.

The new unit will feature a capacity of 180,000 m3, XDF propulsion with a 0.07% boil off rate and reliquefaction, GasLog informed.

The company added that the new LNG carrier, which will have a length of 280 meters and a beam of 26.2 meters, is scheduled for delivery in July 2019.

GasLog placed the order for the unit in September 2016. At the time, the company said that it signed a time charter party with UK-based utility company Centrica to charter the vessel for a period of seven years, starting from the second half of 2019.

Data provided by Vessels Value shows that the LNG carrier has a market value of USD 191.2 million.

Apart from this unit, GasLog has four more LNG carriers on order with the South Korean shipbuilder, two of which are expected to join the fleet in 2019, while the remaining duo would be handed over to its owner in 2020.