BGN, a global energy leader and one of the world’s largest LPG traders, was delighted to see the latest addition to its fleet enter service in September 2023.
North Gas, a 230-metre-long VLGC (Very Large Gas Carrier) with 84,000 CBM (cubic meters) of cargo capacity, was celebrated at the end of August at a naming ceremony hosted by Hyundai Heavy Industries in South Korea.
BGN executives were joined by a senior delegation from joint venture partner Al Seer Marine, as well as representatives from our technical and ship management partners.
BGN is investing in newbuild ships to support its growing core business of energy trading and to help raise the emissions performance of the vessels it uses to move commodities. BGN also uses time charters and the spot market to move fuels such as LPG to wherever they are needed.
North Gas is the second VLGC to be delivered from a joint venture initiative between BGN and the UAE’s Al Seer Marine.
The VLGCs are equipped with the latest technologies to minimize drag and achieve optimal efficiency performance. They are dual-fuel capable, meaning that in addition to traditional marine fuel they can be propelled by alternative fuels that should enable a better CO2 emissions intensity performance.
Everybody at BGN sends best wishes and good fortune to North Gas, and to the seafarers onboard, as the vessel navigates the world to deliver essential energy.