Dynagas takes delivery of new LNG carrier - LNG Prime
Dynagas takes delivery of new LNG carrier - LNG Prime
Greek LNG shipping firm Dynagas has taken delivery of the 200,000-cbm LNG carrier, Clean Destiny, in South Korea.
The firm led by George Procopiou revealed this in a short social media post on Friday.
According to its AIS data provided by VesselsValue, the ME-GA LNG carrier has left HD Hyundai Heavy’s yard in Ulsan, South Korea last week.
Clean Destiny will serve a 10-year charter with US LNG exporting giant Cheniere, the data shows.
Back in June 2021, Dynagas ordered four 200,000-cbm LNG carriers each worth about $199 million and this LNG carrier is second in that batch.
Dynagas took delivery of Clean Resolution from Hyundai Heavy, the first vessel in this batch, in September, and this vessel also serves Cheniere, the data shows.
After this order in 2021, Dynagas ordered three more LNG carriers of the same size at Hyundai Heavy in 2022, as well as three vessels in January this year and two vessels in May this year.
The ships feature GTT’s Mark III Flex+ membrane containment system and are 299.8 meters long and 48.9 meters wide.
Dyangas is expected to take delivery of all of these vessels by the end of 2027.
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.