BW LNG, part of BW Group, has confirmed an order for two additional LNG carriers at HD Hyundai Samho, with deliveries planned for the second and third quarters of 2029.
The order follows a separate contract signed last November for two LNG carriers scheduled to join the fleet in the fourth quarter of 2028. HD Hyundai had earlier disclosed a two-vessel LNG carrier order on 13 May, valued at about $508 million, without identifying the buyer.
The latest vessels will use a large-scale three-tank LNG carrier design, which BW LNG described as an industry first. The configuration is intended to provide more cargo capacity and lower boil-off while preserving full operational flexibility.
BW LNG said it developed the design in cooperation with GTT and HD Hyundai Heavy Industries to ensure compliance with required standards and performance needs. The company added that the vessels are expected to offer competitive unit freight costs and flexibility for changing LNG trade requirements.
According to BW LNG’s website, its fleet consists of 34 LNG carriers and floating storage and regasification units.
Separately, TMS Cardiff Gas, led by George Economou, has been linked by shipbroking and market sources to a two-vessel LNG carrier order at Samsung Heavy Industries. The shipbuilder disclosed a contract worth about $505 million for two LNG carriers, with deliveries scheduled through June 2029. The buyer was described only as an Oceania-based shipping company.
The reported deal adds to TMS Cardiff Gas’ expanding gas carrier program. The company was also linked last week to two very large gas carrier newbuildings at HD Hyundai, while earlier this year it contracted CSSC Hudong-Zhonghua Shipbuilding for up to six 174,000-m³ LNG carriers.
TMS Cardiff Gas remains one of Greece’s major gas carrier operators and is continuing to expand across both LNG and LPG segments.
HD Hyundai has signed contracts for 98 vessels this year, including 16 LNG carriers. Samsung Heavy Industries has secured orders for 19 vessels, including nine LNG carriers, and has also won an FSRU order.
