BGN Scales Up Shipping Investments With Four New Dual-Fuel VLGCs Added To Growing Owned Fleet

BGN has expanded its fleet of LPG dual-fuel Very Large Gas Carriers (VLGCs) by signing a contract with HD Hyundai Heavy Industries (HD HHI) for the construction of four new vessels, each with a cargo capacity of 93,000 cubic meters. The agreement, signed in Istanbul, underscores BGN's strategy to enhance its LPG shipping capacity and bolster maritime infrastructure supporting its global trading operations.

The vessels will be built by HD HHI in South Korea, with delivery anticipated in January 2030. The new VLGCs will feature dual-fuel technology, enabling them to operate on LPG or conventional marine fuels. This move aligns with BGN's broader goal of decarbonizing maritime transport. The order extends BGN's partnership with HD HHI, following previous agreements for six additional dual-fuel VLGCs announced earlier in 2026.

BGN's CEO expressed enthusiasm over the rapid growth of its shipping fleet, emphasizing the strategic importance of investing in cutting-edge vessels to support the company's expansion and diversification of its global energy portfolio. HD HHI welcomed the new order, highlighting its partnership with BGN to deliver modern vessels equipped with advanced technologies that will contribute to shared objectives of fleet growth and reduced carbon emissions in LPG shipping.

The agreement further strengthens BGN's commitment to investing in advanced shipping infrastructure, forming strategic alliances, and fostering sustainable, long-term growth in the maritime sector.