GasLog LNG newbuild bags long-term charter with Cheniere

Delivered on 4 January by South Korea’s Samsung Heavy Industries (SHI), the vessel, Hull No 2301, is currently on its first voyage, GasLog wrote on social media.

GasLog Galveston was underway from South Korea to Singapore, with arrival set for 14 January, according to vessel tracking provider Marine Traffic. GasLog has a seven-year charter agreement with Cheniere Energy for the vessel. Cheniere also has a long-term charter agreement for GasLog Georgetown, sister of GasLog Galveston.

“We would like to express our gratitude to all teams involved in the delivery, from the team on board, to the operations team, site team and everyone ashore for their valuable contribution despite the challenges of Covid-19,” said GasLog Ltd in a social media post.

One third of GasLog’s consolidated fleet, including GasLog Galveston, is fitted with WinGD two-stroke, low-pressure, dual-fuel X-DF propulsion. The other 24 vessels operated in the combined GasLog Ltd and GasLog Partners fleets have either steam or tri-fuel, diesel-electric propulsion.

SHI is building two 180,000-m³ LNG carriers, Hull No 2311 and Hull No 2312, with X-DF propulsion and GTT Mark III Flex Plus cargo containment systems for delivery in mid-2021.

These vessels have seven-year charter agreements with Cheniere Energy. The first of those, GasLog Wellington, was launched in November, with delivery set for 15 June 2021.