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Nigeria’s Temile Development signs for South Korean VLGC newbuilds

Temile Development

Nigerian owner Temile Development Company has contracted South Korea’s shipbuilder HD Hyundai Heavy Industries for up to two very large gas carriers (VLGCs).

The deal covers one firm and one optional 88,000 cu m LPG dual-fuel powered newbuild worth around $250m in total.

The first unit is set to be delivered in the first quarter of 2028.

The contract will lift Temile Development’s gas fleet to at least three ships. In addition to more than 10 offshore support vessels, the company owns two modern 23,000 cu m HD Hyundai Mipo-built vessels, Alfred Temile and Alfred Temile 10, chartered to Nigeria LNG and Vitol, respectively.

Source: Splash247.com

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