MOL Clinches Deal for Yamal LNG Carrier Quartet

Image Courtesy: MOL

Japanese shipping major Mitsui O.S.K. Lines has signed a contract to build and charter four liquefied natural gas (LNG) carriers for Russia’s Yamal LNG project.

The vessels, which will feature a tank capacity of 174,000 m3, will be deployed on long-term charters transporting LNG transshipped by the project from Europe.

MOL informed that the carriers are scheduled for delivery in 2019 and 2020, respectively.

“While demand for LNG transport will greatly grow, by leveraging experience and know-how as owners of one of the world’s largest LNG carrier fleets and its management company, MOL Group continually takes a proactive stance in meeting customer needs in an appropriate manner and providing high-quality LNG transport services,” the shipping firm said.

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