GasLog Ltd Places Newbuilding Order at Samsung Heavy Industries
January 02, 2018 at 10:29 pm IST
GasLog Ltd. announced that it has ordered a newbuild 180,000 cubic meter vessel with XDF propulsion from Samsung Heavy Industries (Samsung) that is scheduled to deliver in the third quarter of 2019. This vessel is currently unchartered but its early delivery means that it is expected to deliver into a strong LNG shipping market. The vessel is expected to deliver into a strong LNG shipping market which, according to its estimates, will be short of capacity by the winter of 2019/2020.