In an all Japanese deal, shipowner Mitsui OSK Lines (MOL) is ordering an LNG-fuelled 94,900 dwt bulk carrier at Oshima Shipbuilding which will then go on a consecutive voyage charter hauling coal for Kansai Electric Power Co when it delivers in July 2026. No prices for the ship or the charter have been revealed.
The order marks the 17th LNG-fuelled ocean-going vessel to join MOL’s diversified fleet with the aim of having many more ordered by the end of this decade.
MOL, the largest shipping company in Japan in dwt terms, last year detailed its fleet fuel mix going forward to 2050 with LNG orders set to dominate the 2020s. The forecast sees ammonia and hydrogen fuelled ships being ordered this decade and for these two fuel types set to become the dominant forms of propulsion in the decades ahead for the Tokyo-headquartered company.
