On March 5, Mitsui O.S.K. Lines, Ltd.(MOL)announced the signing of a long-term charter contract for a newbuilding 174,000 m3 LNG carrier with Tokyo LNG Tanker Co., Ltd(TLT)., a wholly-owned subsidiary of Tokyo Gas Co., Ltd(Tokyo Gas).
This is the eighth contract, following a time charter contract for seven LNG carriers that were signed for TLT. The newbuilding LNG carrier will be built at the Geoje Shipyard of Hanwha Ocean Co., Ltd. in South Korea, and is scheduled for delivery in 2026.
The 174,000m3 LNG carrier has an overall length of 294.9m and a beam of 46.4m. It 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. It will be managed by MOL and will transport LNG for TLT.
MOL said that through this long-term charter contract, MOL will contribute to the realization of a stable supply of LNG in partnership with Tokyo Gas.
