GasLog to take delivery of Jera-chartered LNG carrier

Greece-based LNG shipping company GasLog is set to take delivery of another liquefied natural gas newbuild from South Korea’s Samsung Heavy Industries.

The 180,000 cubic meter GasLog Wales will join GasLog’s fleet on May 11, 2020, the LNG shipper said on Thursday.

Once delivered, the vessel will start its 12-year charter with Japan’s LNG trading giant Jera as part of a deal signed in March last year.

The newbuild features GTT’s Mark III Flex Plus containment system and low-pressure two-stroke (X-DF) propulsion.

This will be GasLog’s second delivery this year as the GasLog Windsor joined its fleet on April 1.

Gaslog has a further five vessels on order at Samsung Heavy.

These LNG tankers are scheduled for delivery during 2020-2021.