Greece’s GasLog has named a new liquefied natural gas (LNG) carrier at Hanwha Ocean’s yard in Geoje, South Korea.
The naming ceremony for the 174,000cbm Gaslog Italy took place on 10 July 2024.The 294.9m by 46.4m vessel will be delivered on 23 August 23.
Following delivery, it will serve a charter deal with the Italian energy company Eni.
Hanwha Ocean, previously known as DSME, launched this vessel and its sister ship Marvel Phoenix in February this year.
GasLog ordered these vessels and two other 174,000cbm LNG carriers frin Hanwha Ocean in December 2021.
Hanwha Ocean vegan construction on the first LNG carrier in this batch, GasLog Italy, in March last year and laid the keel in September.
GasLog previously said this vessel will go on charter to a “multinational oil and gas company” for a period of seven years and starting from the vessel’s delivery.
Work on the second vessel at Hanwha Ocean, Marvel Phoenix, started in April last year and this vessel is scheduled for delivery in September. GasLog chartered this LNG carrier to Japan’s Mitsui for nine years.
The last two LNG carriers in this batch, scheduled for delivery in the second half of 2025, will serve Australia’s Woodside under charter deals.
All of the LNG carriers have ME-GI propulsion. ME-GI is short for M-type, electronically controlled, gas-injection propulsion. In addition, the vessels also feature a carbon capture and storage system.
