Japanese duo sign long-term charter deal for LNG newbuild

Japanese transport company Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for a LNG carrier with Tokyo LNG Tanker (TLT).

PHOTO: A large LNG carrier unloading its cargo at an LNG terminal. Getty Images

The LNG carrier will be build by South Korean shipbuilder Hanwha Ocean at its Geoje Shipyard in Yeongnam, South Korea, MOL said. It is scheduled for delivery in 2026.

The vessel will be used to transport LNG for TLT and will be equipped with MAN Energy Solutions’ dual-fuel LNG engine.

TLT, a wholly-owned subsidiary of Japan's largest gas utility firm Tokyo Gas, previously signed a time charter contract for seven LNG carriers with MOL.

By Aparupa Mazumder 

Please get in touch with comments or additional info to news@engine.online