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TMS Cardiff Gas orders one + one LNG carriers from HHI

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TMS Cardiff Gas has ordered a 174,000 cu m LNG carrier from Hyundai Heavy Industries (HHI) plus an option for a second vessel.

The LNG carrier newbuild will feature XDF propulsion and is the first in TMS Cardiff Gas’ X Carrier Series orders, which will expand the company’s fleet of manage vessels to 10. The newbuild is due to be delivered by HHI in 2020 and the owner has an option for a second vessel.

The newbuild will be chartered to Total Gas & Power for a period of seven years.

TMS Cardiff Gas said it maintained an appetite for growth in the sector.

“We are delighted to secure a new long-term time charter with Total, one of the leading global energy companies. Total is an important customer for TMS Cardiff Gas and we look forward to providing them with first class LNG shipping services as they continue to expand their LNG activities,” said Christos Economou, founder of TMS Cardiff Gas.

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