MOL, TotalEnergies name newbuild LNG carrier in South Korea

South Korea’s Hanwha Ocean held on Friday a naming ceremony for one 174,000-cbm LNG carrier it built for Japan’s shipowner MOL and charterer France’s TotalEnergies.

The vessel, named MOL Azure, was ordered by a unit of MOL and is slated to sail under a time charter contract with TotalEnergies Gas & Power Limited (TGPL), a subsidiary of TotalEnergies.

MOL said the vessel bears its company name to “clearly indicate that it is at the core of MOL group’s LNG carrier fleet” while Azure means “blue” in French.

MOL, TotalEnergies name newbuild LNG carrier in South Korea
Image: MOL

Upon delivery on January 14, the vessel will be the second LNG carrier to be chartered by TGPL under a time charter contract signed in October 2022.

MOL said the LNG carrier will depart for its first loading port in the US.

The 294.9 meters long vessel features MAN ME-GA engines, which offer “improved fuel efficiency and are more environmentally friendly than those installed on current LNG carriers,” MOL claims.

Most Popular

Excelerate buys NFE’s Jamaica business for $1.05 billion

US FSRU player Excelerate Energy has entered into a definitive agreement with compatriot LNG player New Fortress Energy to acquire NFE’s business in Jamaica for $1.055 billion in cash.

Snam’s Ravenna FSRU to get first LNG shipment

Snam's 170,000-cbm FSRU BW Singapore, located off Italy's Ravenna, is set to receive the first LNG cargo from the US as part of its commissioning activities.

Argentina’s Enarsa gets offers for LNG cargo tender

Argentina's state-owned LNG importer Energia Argentina (Enarsa) has received seven offers for its first LNG cargo tender in 2025.

More News Like This

Argentina’s Enarsa gets offers for LNG cargo tender

Argentina's state-owned LNG importer Energia Argentina (Enarsa) has received seven offers for its first LNG cargo tender in 2025.

QatarEnergy LNG carrier completes trials in China

A 174,000-cbm liquefied natural gas (LNG) carrier built as part of the massive QatarEnergy shipbuilding program has completed its trials in China, according to Hudong-Zhonghua.

Titan, MOL wrap up first LNG bunkering op under new term contract

Dutch LNG supplier Titan and Japan's shipping giant MOL have completed the first LNG and bio-LNG bunkering operation for MOL's car carrier under a new multi-delivery contract.

US approves financing for Mozambique LNG

The Export-Import Bank of the United States has approved financing for the TotalEnergies-led Mozambique LNG project.