
UK shipmanager Zodiac Maritime has been identified as the buyer of two 174,000-cbm LNG carriers at South Korea's Hanwha Ocean, marking its first move into conventional LNG shipping, according to shipbuilding sources. The contract was signed on 23 Sep 2026 and runs until 2 Nov 2029, with a value of KRW680bn covering the two firm vessels. The order also includes options for two additional 174,000-cbm LNG carriers, which could expand the series to four ships in total. No verified contract value has been disclosed for the optional units. The deal represents a notable entry for Zodiac Maritime into the conventional LNG carrier segment, adding to its existing fleet portfolio, which has traditionally focused on dry bulk, tankers and containerships. Hanwha Ocean, one of South Korea's major shipbuilders, continues to secure orders in the LNG carrier market, a sector that has seen sustained demand as global gas trade expands and shipowners seek to renew and diversify their fleets with large-capacity vessels. Further details on delivery schedules and the potential exercise of the additional options have not been disclosed.
ZODIAC MARITIME LTD