MOL inks deal with Tokyo Gas for wind-assisted LNG carrier

Japan’s shipping giant MOL has joined forces with a unit of compatriot city gas supplier and LNG importer Tokyo Gas on an LNG carrier equipped with wind-assisted ship propulsion systems.

MOL and Tokyo LNG Tanker entered into a deal to install Wind Challenger, a hard sail wind-assisted ship propulsion system developed by MOL and Oshima Shipbuilding, to a newbuild LNG carrier.

The newbuid will get two Wind Challengers.

In March 2024, MOL signed a long-term charter deal with TLT for this 174,000-cbm LNG carrier.

Moreover, South Korea’s Hanwha Ocean is expected to deliver this ME-GA vessel in 2026..

MOL said this is the world’s second Wind Challenger to be installed on an LNG carrier.

IN addition to LNG carriers, two bulk carriers equipped with the system have already been delivered, and seven more are scheduled for delivery.

One of the features of the Wind Challenger is its telescopic sail, which helps reduce fuel consumption and also greenhouse gas emissions, MOL said.

In September 2024, MOL and Chevron Shipping entered into a deal to install Wind Challenger on a newbuild LNG carrier.

This vessel is under long-term charter from MOL’s unit MOL Encean to Chevron Asia Pacific Shipping.

South Korea’s Hanwha Ocean is also building this LNG carrier, and the vessel is scheduled for delivery in 2026.

Most Popular

TotalEnergies seals Ksi Lisims LNG deal

French energy giant TotalEnergies has signed a 20-year deal with Ksi Lisims LNG to buy LNG from the latter's planned export project in Canada. In addition, TotalEnergies will acquire a 5 percent stake in Houston-based Western LNG, the developer, shareholder, and future operator of the Ksi Lisims LNG project.

QatarEnergy eyes major LNG trading expansion

State-owned LNG giant QatarEnergy aims to increase trading of non-Qatari physical LNG volumes to 30 to 40 million tons by 2030, according to Qatar’s energy minister and chief executive of QatarEneergy, Saad Sherida Al-Kaabi.

BP ships second Tortue LNG cargo

UK-based energy giant BP and its partners have sent the second LNG cargo produced at the Greater Tortue Ahmeyim FLNG project, located offshore Mauritania and Senegal, according to shipping data.

More News Like This

ONE plans LNG-powered containership order

Ocean Network Express (ONE), a joint venture of Japan's NYK, MOL, and K Line is eyeing an order for LNG dual-fuel container vessels, according to shipbuilding sources.

MOL’s LNG fleet continues to expand

MOL's large fleet of liquefied natural gas (LNG) tankers expanded to 107 vessels as of the end of March this year.

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.

Tokyo Gas to buy US shale gas stake from Chevron

Japan’s city gas supplier and LNG importer, Tokyo Gas, has agreed to buy a stake in a US shale gas development from energy giant Chevron.