MOL wins Yamal LNG charter contracts

Japan’s Mitsui OSK Lines (MOL) has signed a long-term charter contract for four 174,000 cu m LNG carriers for the Yamal LNG project. The ships will deliver in 2019 and 2020 onwards.

“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 Japanese group said in a release.

MOL did not disclose where the ships would be built, although Japan is deemed most likely.

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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