Venture Global to acquire LNG transport vessels for Calcasieu Pass


Venture Global LNG said last week that it would acquire a fleet of nine LNG transport vessels, expanding its ability to sell and ship its own cargoes, reports Marine Link.

Venture Global LNG has exported hundreds of cargoes since it started liquefying gas for export in 2022 from the first of its three planned facilities in Louisiana. The vessels it used were owned by other companies and leased.

The nine vessels in Venture Global’s future fleet will be built in South Korea with the first to be delivered later this year.

The company has shipped more than 250 cargoes under its own account from the first plant, Calcasieu Pass. Despite the shipments, the Calcasieu Pass plant has yet to start full commercial operations due to equipment malfunctions. Read more.