Shell brings its LNG newbuilding fleet to 24 ships

Shell Tankers (Singapore) has charter agreements with Knutsen LNG, Korea Line, Pan Ocean Co. and investors advised by J.P. Morgan Asset Management for 24 liquified natural gas (LNG) ships. The 174,000 cbm LNG carriers will be built by Hyundai Heavy Industries and Hyundai Samho Heavy Industries. The vessels will be integrated into Shell 's time chartered trading fleet and delivery is expected 2022-2025.