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MOL seals charter for Korean LNG newbuild

Photo of Sam Chambers Sam ChambersMarch 5, 2024
484 Less than a minute
MOL

Mitsui OSK Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker (TLT), a wholly-owned subsidiary of Tokyo Gas.

This is the eighth contract, following a time charter contract for seven LNG carriers that were signed for TLT. 

The 174,000 cu m vessel will be built at Hanwha Ocean in South Korea, and is scheduled for delivery in 2026. No prices have been revealed.

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Photo of Sam Chambers Sam ChambersMarch 5, 2024
484 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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