MOL orders four LNG carriers at Hudong Zhonghua

MOL orders four LNG carriers at Hudong Zhonghua

Japanese owner Mitsui O.S.K. Lines (MOL) signed shipbuilding contracts with China’s CSSC-affiliated Hudong Zhonghua Shipbuilding yesterday for the construction of four 174,000 cu m LNG carriers.

The total value of the contract is about RMB5bn ($737m) and the ships will deliver in 2019 and 2020 onwards. The vessels will go on on long-term charter contract for the Yamal LNG project.

With this latest order, Hudong Zhonghua Shipbuilding’s LNG carrier orderbook is 11 vessels.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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