GasLog Adds Newly Built Gaslog Houston to Its Fleet


South Korea’s shipbuilder Hyundai Heavy Industries handed over the newly built liquefied natural gas (LNG) carrier Gaslog Houston to its owner on January 10.

Following delivery, the 174,000 dwt vessel commenced its charter contract, the Greece-based ship owner and operator GasLog informed.

Gaslog Houston was named on December 12 at the shipbuilder’s facilities, along with its sister vessel Gaslog Hong Kong.

Under an agreement signed between GasLog and British multinational oil and gas company BG Group in April 2015, both ships would be chartered to BG Group’s subsidiary Methane Services Ltd. (MSL).

At the time, the company said that MSL will charter the newbuilds commencing mid-2018 and early 2019 for average initial terms of 9.5 years.

According to data provided by VesselsValue, each of the ships has a market value of around USD 182.1 million.

World Maritime News Staff; Image Courtesy: GasLog

Share this article

Follow World Maritime News

In Depth>

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >