Tuesday, April 07, 2026
15/01, 11:01

Minerva Gas & HD Hyundai Marine Solution sign Long-Term Service Agreement for five LNG carriers until 2031

Minerva Gas Inc., a leading LNG ship management company has signed a comprehensive Long-Term Service Agreement (LTSA) with HD HYUNDAI MARINE SOLUTION, a global leader in integrated marine solutions.

Under the agreement, five LNG carriers equipped with HiMSEN auxiliary engines will receive long-term maintenance and technical support, reinforcing Minerva Gas' commitment to operational excellence, reliability, and fleet performance.

This latest contract builds on a successful partnership established in 2022, when Minerva Gas first entered into a Long-Term Service Agreement with HD Hyundai Marine Solutions covering three LNG carriers. Through professional management, continuous monitoring, and advanced technical support, these vessels have demonstrated stable and reliable operation over the past years. The new agreement extends coverage for the existing three vessels and incorporates two newly built LNG carriers, expanding the LTSA to a total of five ships.
HD Hyundai Marine Solutions operates as a global total service provider, delivering cutting-edge marine solutions through advanced data analytics, including condition monitoring, alarm management, and performance analysis. By leveraging technical expertise and real-time operational data, the company provides optimized, vessel-specific service solutions that enhance reliability and efficiency across marine operations.
As part of the contract, Minerva Gas will benefit from a secure and continuous supply of critical spare parts through 2031, ensuring long-term operational stability. The agreement also includes dedicated technical support from HD Hyundai Marine Solutions’ expert engineers, who will deliver ongoing maintenance services to ensure seamless and efficient operation of the LNG fleet.

The renewal and expansion of the Long-Term Service Agreements for the generator engines reflect a strong and trusted partnership between Minerva Gas and HD Hyundai Marine Solutions, founded on shared values of safety, reliability, and operational excellence. Continuous engine monitoring, remote troubleshooting, and direct technical support will help reduce the risk of unplanned downtime, while enhanced spare-parts planning and service coordination improve cost predictability and supply-chain efficiency.

Together, these efforts support safer operations, optimized lifecycle management, and long-term fleet performance.
image: Signing Ceremony: Mr. Hayden (Hyeokdong) Kim, Head of the Athens Office, HD HYUNDAI MARINE SOLUTION, signing the agreement with Mr. Sokratis Dimakopoulos, Chief Operating Officer, Minerva Gas Inc.

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