Fairfield Chemical’s LNG-powered tanker launched in Japan

Japan’s Fukuoka Shipbuilding has launched Fairfield Chemical’s second in the series of four LNG dual-fuel stainless steel chemical tankers.

Connecticut-based Fairfield Chemical said in a statement that the launching ceremony for the 26,300-dwt Fairchem Pathfinder took place on September 14.

The firm said that the vessel will feature the same LNG propulsion technology as its sister, Fairchem Pioneer, which is scheduled to enter service in early November.

Fukuoka floated out Fairchem Pioneer on April 7.

Fairfield Chemical expects Fairchem Pathfinder to enter service in February 2024.

The shipping firm ordered Fairchem Pioneer and Fairchem Pathfinder in June 2021.

After that, it exercised an option for two more stainless steel chemical tankers, Fairchem Prestige and Fairchem Pinnacle, in 2022.

MOL Chemical Tankers, a unit of Japan’s shipping giant MOL will buy Fairfield Chemical for $400 million under a recently agreed deal.

Fairfield Chemical’s fleet consists of 36 chemical tankers. As such, the fleet would dovetail with MOL Chemical Tankers’ fleet of 85 chemical tankers.

The transaction is expected to close in the fourth quarter, subject to customary regulatory approvals.

- Advertisements -

Most Popular

Kinder Morgan secures more time for Gulf LNG export project

US energy company Kinder Morgan and its partners have secured more time from the US FERC to add liquefaction...

CoolCo reveals more details on GAIL LNG carrier charter deal

LNG carrier operator CoolCo has revealed more details regarding its recent 14-year charter deal with India’s largest gas utility...

India boosts LNG imports in April

India’s liquefied natural gas (LNG) imports rose in April this year compared to the same month last year, according...

More News Like This

MOL and Jera seal another charter deal for newbuild LNG carrier

Japan’s shipping giant MOL has signed a new long-term deal to charter one newbuild liquefied natural gas carrier to...

Japan’s MOL charters LPG carrier duo to TotalEnergies

Japan’s shipping firm MOL said on Thursday it has signed a charter deal for two 88,000-cbm LPG carriers with...

MOL’s LNG carrier equipped with new GTT containment tech delivered in China

China's Hudong-Zhonghua hosted a naming ceremony on Wednesday for MOL’s 174,000-cbm LNG carrier, Greenergy Ocean, equipped with GTT’s NO96...

EPS wraps up its 200th LNG bunkering operation

Singapore’s Eastern Pacific Shipping has completed its 200th ship-to-ship LNG bunkering operation, as the company’s fleet of LNG-fueled vessels...