Hyundai LNG Shipping Orders Its First VLGC

LNG

Hyundai LNG Shipping (HLS) has reportedly placed an order for the construction of one very large gas carrier (VLGC) at compatriot shipyard Hyundai Heavy Industries (HHI).

The duo signed an agreement on April 16, 2019, which includes one optional vessel.

The firm 84,600 cbm gas carrier is scheduled for delivery in Q3 2020.

The company has signed a seven-year time charter for the newbuilding with an unnamed energy company.

 

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