Japan’s MOL orders more LNG-powered car carriers

Japan’s shipping giant MOL has ordered two more LNG-powered car carriers at compatriot Nihon Shipyard.

A spokesperson for MOL confirmed the order to LNG Prime on Friday for two LNG-powered vessels with a capacity of 7,000 units.

MOL now has six LNG-powered car carriers with a capacity of 7,000 units at Nihon, the spokesperson said.

The spokesperson did not provide the delivery dates for the vessels or any additional information.

Brokers said that Nihon is expected to deliver these two new carriers in 2026.

Besides these six vessels, MOL also has four LNG-powered car carriers with the same capacity on order at Shin Kurushima Dockyard.

In August 2021, MOL placed orders for four LNG-powered vessels at the two compatriot yards and added four more in May 2022.

MOL will take delivery of these vessels between 2024 and 2025.

VesselsValue data shows that MOL will pay $95 million per vessel for the order at Nihon in May 2022.

MOL said that all of these car carriers will adopt the “Blue” series name and new hull color design.

The shipping firm previously said that it plans to have 90 LNG-fueled vessels in its fleet by 2030.

However, these 90 vessels now also include methanol-powered ships.

MOL recently signed a basic agreement with Kambara Kisen to charter a newbuilding methanol dual-fuel bulk carrier.

Most Popular

NextDecade’s Rio Grande LNG gets FERC OK to boost capacity

US LNG developer NextDecade has secured a green light from the Federal Energy Regulatory Commission to increase approved capacity at its Rio Grande LNG terminal in the Port of Brownsville, Texas.

Argent LNG awards FEED contract

US LNG terminal developer Argent LNG has awarded the front-end engineering design (FEED) contract to MAIRE's Tecnimont for its proposed 25 mtpa LNG export terminal at Port Fourchon.

Hanwha Ocean bags order for LNG carrier duo

South Korea’s Hanwha Ocean has secured a contract valued at approximately $500 million to build two liquefied natural gas (LNG) carriers.

More News Like This

Hanwha Ocean launches Singapore’s first FSRU

South Korean shipbuilder Hanwha Ocean has launched MOL’s floating storage and regasification unit (FSRU), which will serve Singapore’s second LNG import terminal.

MOL names first LNG carrier equipped with sails

Japan's MOL has named what it says is the world’s first LNG carrier equipped with a wind-assisted propulsion system.

Japan’s MOL merges six ship management companies into one entity

Japanese shipping giant MOL, owner of a large LNG carrier fleet, has merged six of its ship management companies...

MOL expects to have 111 LNG carriers in its fleet by March 2027

Japan's shipping giant MOL still expects to have 111 liquefied natural gas (LNG) carriers in its fleet by March 2027.