Sea trials are underway for GasLog Winchester, a 180,000-m3 capacity LNG carrier under construction at South Korea’s Samsung Heavy Industries that will transport LNG from the US
Due for delivery in August, GasLog Winchester, Hull SN2312, is the fourth in a series of LNG carriers ordered from the South Korean shipbuilder to be equipped with low-pressure, dual-fuel Otto-cycle WinGD X-DF propulsion. In June, Greek owner GasLog Ltd took delivery of sister ship GasLog Wellington from SHI. All four ships are under long-term charters to US LNG producer Cheniere Energy. The time charters for GasLog Wellington and GasLog Winchester will begin upon delivery of the vessels from the shipyard in 2021 and the initial charter terms will terminate in 2028. Cheniere has the option to extend the term of each of the charters by three consecutive periods of three years, two years and two years, respectively.
Once GasLog Winchester joins its fleet, GasLog will have 21 LNG carriers under its ownership and technical management. All but two of the vessels – 2010-built Methane Julia Louise and 2007-built Methane Nile Eagle – are 100% owned by GasLog. GasLog Ltd holds a 25% interest in 145,000-m3, steam-powered Methane Nile Eagle and bareboat charters 170,000-m3 TFDE-propelled Methane Julia Louise from Lepta Shipping.
A long-term time charter of 180,000-m3 GasLog Warsaw to Spanish utility Endesa began in May 2021, terminating in 2029. Endesa’s second LNG carrier, GasLog Warsaw will transport LNG from Cheniere Energy’s Corpus Christi, Texas facility. Endesa has the option to extend the term of the charter by two six-year periods beyond the initial charter expiration date.
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