AsiaContracts and TendersVessels

MOL seals charter deal for LNG carrier trio with China’s ENN

By LNG Prime Staff
MOL seals charter deal for LNG carrier trio with China’s ENN
Hudong-Zhonghua will build the three LNG carriers (Image: Hudong-Zhonghua)

Japan’s shipping giant MOL has signed a deal to charter three newbuild LNG carriers to a unit of Chinese independent gas distributor ENN.

MOL said in a statement on Thursday it penned the long-term charter deal with ENN LNG (Singapore).

According to MOL, China’s Hudong-Zhonghua Shipbuilding would build the vessels and deliver them by 2028.

After delivery, the vessels would be engaged mainly in transport of LNG, procured by ENN under long-term purchase contracts, to China, it said. ENN operates a large LNG terminal in the Zhoushan area of Zhejiang province.

The Japanese firm did not provide any further information regarding the deal.

One shipbuilding source said that these vessels would be similar to the six 174,000-cbm LNG carriers Japan’s NYK and China’s CNOOC ordered at Hudong-Zhonghua in April.

Part of Hudong-Zhonghua’s fifth-generation Changxeng series, these 299 meters long vessels feature WinGD’s X-DF dual-fuel engines and GTT’s NO96 Super+ containment system.

Also, the source said that Hudong-Zhonghua should deliver two of these LNG carriers in 2027 and four in 2028 and that the charter appears to be for 20 years.

MOL could pay between $230-240 million per vessel, the source said.

Hudong-Zhonghua has this year won several orders for LNG carriers.

This includes the six 174,000-cbm LNG carriers MOL ordered in a partnership with COSCO Shipping’s unit CSLNG and CNOOC, and the second CNOOC transportation project.

In addition to these 12 vessels worth about $2.4 billion, COSCO Shipping also ordered two vessels for charter to Sinochem, while MOL ordered four ships for charter to QatarEnergy.

CSSC Shipping also placed an order in January this year.

Most Popular

LNG Terminals

LNG carrier arrives to load first LNG Canada cargo

The 174,000-cbm GasLog Glasgow has arrived at the LNG Canada jetty in Kitimat to load the first LNG cargo produced at the Shell-led terminal, an LNG Canada spokesperson told LNG Prime on Saturday.
Vessels

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.
Contracts and Tenders

BP seals LNG SPA with Italy’s A2A

UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with Italian electricity and gas distributor A2A.

More News Like This

Vessels

KARMOL takes delivery of fourth FSRU

KARMOL, a joint venture of Turkiye's Karpowership and Japan's MOL, has taken delivery of its fourth floating storage and regasification unit in Singapore.
LNG as Fuel

Hudong-Zhonghua hands over another LNG-powered giant to CMA CGM

Chinese shipbuilder Hudong-Zhonghua has delivered CMA CGM’s second in a new series of 24,000-teu LNG dual-fuel containerships.
Vessels

KARMOL’s FSRU named in Singapore

KARMOL, a joint venture of Turkiye's Karpowership and Japan's MOL, has named its latest floating storage and regasification unit at Seatrium's yard in Singapore.
Vessels

MOL’s LNG carrier to feature SOFC tech

Japan's MOL and South Korea's Samsung Heavy Industries have received approval from classification society LR for the design of a 174,000-cbm LNG carrier integrating solid oxide fuel fell (SOFC) technology.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA