Venture Global Launches Its First LNG Vessel: The Venture Gator
Venture Global has announced the successful launch of its first LNG vessel, the Venture Gator, during a ceremony at the Samsung Heavy Industries shipyard in Geoji-si, South Korea. The Venture Gator is the inaugural ship of nine LNG carriers in the Venture Global fleet, set to be completed rapidly over the next 24 months across three South Korean shipyards. These vessels will transport LNG from the U.S. to various global partners and destinations.
Equipped with cutting-edge environmental and efficiency technology, the Venture Gator will primarily use Venture Global’s liquefied natural gas as fuel. The deployment of the Venture Gator and the subsequent eight ships will begin serving global partners in Europe and Asia starting this fall.
“Venture Global is proud to have launched our first ship, the Venture Gator at SHI in Korea. President Biden has committed to increasing LNG supply into Europe, and we are pleased to be in a position to continue to support these efforts with a fast-growing shipping fleet, wholly owned, operated and controlled by Venture Global. With these ships, we will increase the security of natural gas supply through low-cost LNG delivered directly to allies across the world,” stated Mike Sabel, CEO of Venture Global.
The Venture Gator, with a capacity of 174,000 cubic meters, represents a state-of-the-art fleet showcasing the latest clean technologies for LNG transportation. Innovative features include a new hull design, onboard reliquefication systems for reprocessing gas that has “boiled-off” during transit, air-lubrication systems to reduce water friction, auxiliary shaft generators to decrease the number of auxiliary generators needed at sea, and exhaust gas recirculation systems to lower methane emissions. These advancements make Venture Global’s LNG carrier fleet one of the cleanest on the ocean today.