MOL’s LNG-powered bulker to start work with JFE Steel

MOL’s LNG-powered bulk carrier, Verde Heraldo, is ready to start working for Japanese steel manufacturer JFE Steel under a charter deal.

Back in 2021, JFE Steel signed long-term charter deals for three 210,000-ton LNG-powered bulk carriers.

The steel producer signed the three deals with compatriot shipping giants MOL, NYK Line, and K Line.

MOL announced on April 18 that the naming and delivery ceremony for the LNG-fueled capesize bulker, Verde Heraldo, was held at the Saijo Shipyard of Imabari Shipbuilding.

Verde Heraldo means “Green Pioneer” in Spanish.

The vessel will sail under long-term transport contracts to supply raw materials for JFE Steel’s mills, MOL said.

After departing from the yard, LNG fuel will be supplied directly to the vessel through shore-to-ship bunkering at the Osaka Gas-operated Senboku terminal.

The vessel will then sail for Australia.

It is 299.99 meters long, 50 meters wide, witha a draft of 18.4 meters.

The global fleet of LNG-powered vessels continues to grow.

DNV’s most recent data shows that 690 LNG-powered ships are in operation and 644 LNG-fueled vessels are on order.

These statistics do not include smaller inland vessels or dual-fuel LNG carriers.

Most Popular

McDermott JV lands Rovuma LNG gig

Houston-based McDermott, through a consortium with Italy’s Saipem, South Korea's Daewoo Engineering & Construction, and China Petroleum Engineering and Construction Corporation, has been awarded a letter of intent including limited engineering and procurement services for the ExxonMobil-led Rovuma LNG project in Mozambique.

Excelerate confirms Colombian FSRU charter deal, LNG carrier purchase

US FSRU player Excelerate Energy confirmed that it has signed a seven-year charter agreement with a unit of Canadian firm Frontera Energy to deploy its FSRU to a new LNG import terminal under development in Colombia. Excellerate also confirmed that it purchased a TFDE LNG carrier to convert it to an FSRU.

China’s gas imports slightly down in July

China’s natural gas imports, including pipeline gas and LNG, dropped slightly in July compared with the same month in 2025, according to customs data.
spot_img

More News Like This

Poland’s Gaz-System names first Gdansk FSRU

Poland’s state-owned LNG terminal operator Gaz-System has named the first floating storage and regasification unit (FSRU) that will serve its LNG import project in Gdansk.

MOL inks European bio-LNG deals

Japan’s shipping giant MOL has signed new supply agreements with Titan, part of Molgas, and Axpo to expand the use of bio-LNG fuel for its LNG-fueled car carriers in Europe.

MOL, Cosco Shipping name LNG carrier in China

China’s Hudong-Zhonghua has hosted a naming ceremony for a new 174,000-cbm LNG carrier built for Japan’s MOL and Cosco Shipping’s unit CSLNG.

Asyad Shipping and MOL sell steam LNG carrier

Oman's Asyad Shipping and Japan's MOL have sold their jointly-owned 2001-built steam liquefied natural gas carrier, Sohar LNG.