Dynagas takes delivery of new LNG carrier

Dynagas takes delivery

Greek LNG shipping firm Dynagas has taken delivery of the 200,000-cbm LNG carrier, Clean Destiny, in South Korea.

The firm led by George Procopiou revealed this in a short social media post on Friday.

According to its AIS data provided by VesselsValue, the ME-GA LNG carrier has left HD Hyundai Heavy’s yard in Ulsan, South Korea last week.

Clean Destiny will serve a 10-year charter with US LNG exporting giant Cheniere, the data shows.

Clean Destiny (Image: Dynagas)

Back in June 2021, Dynagas ordered four 200,000-cbm LNG carriers each worth about $199 million and this LNG carrier is second in that batch.

Dynagas took delivery of Clean Resolution from Hyundai Heavy, the first vessel in this batch, in September, and this vessel also serves Cheniere, the data shows.

After this order in 2021, Dynagas ordered three more LNG carriers of the same size at Hyundai Heavy in 2022, as well as three vessels in January this year and two vessels in May this year.

The ships feature GTT’s Mark III Flex+ membrane containment system and are 299.8 meters long and 48.9 meters wide.

Dyangas is expected to take delivery of all of these vessels by the end of 2027.

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About Stu Turley 3385 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.