GasLog Ltd. announced today the delivery of the fully owned LNG carrier GasLog Sydney, from Samsung Heavy Industries. The vessel was delivered on budget and ahead of schedule according to GasLog Ltd.
Immediately on delivery the ship began a medium-term charter to Methane Services Ltd. (BG Group).
GasLog Ltd. stated the vessel is a 155,000 cubic meter tri-fuel Diesel Electric LNG carrier that sets new standards for efficient performance and environmental protection. The vessel is classified to the ABS ENVIRO+ notation, signifying the highest level of environmental protection and energy conservation. Furthermore the vessel is equipped with a new type of cargo compressors that will reduce the release of greenhouse gasses and offer enhanced cargo and heel management.
GasLog also has two new LNG carriers due for delivery this year, as well as two in 2014 one in 2015 and two in 2016.