MOL & JERA Signs Long-Term Charter Deal for Newbuilding LNG Carrier

Source: www.gulfoilandgas.com 5/22/2024, Location: Asia

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) announced the signing of a long-term charter contract for a newbuilding LNG carrier with a vessel operation management company funded by JERA Co., Inc. (JERA)

This is the seventh contract, following a time charter contract for sixth LNG carrier (Note) that were signed for JERA. The vessel will be built at the Geoje Shipyard of SAMSUNG HEAVY INDUSTRIES CO., LTD (Headquarters: South Korea), and is scheduled for delivery in 2026. It will be managed by MOL and will transport LNG for JERA. The new vessel will be equipped with the cutting-edge MAN Energy Solutions engine (ME-GA), which improves fuel consumption efficiency, with specifications that enhance its environment friendliness, compared to conventional LNG carriers.

Through this long-term charter contract, MOL will contribute to the realization of a stable supply of LNG in partnership with JERA.

Main dimensions LOA: 290m; Breadth: 45.8m
Tank type: 174,000m3 membrane
Main engine: ME-GA
Shipyard: SAMSUNG HEAVY INDUSTRIES
Scheduled delivery: 2026


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