MOL’s newbuild LNG carrier gets sails in South Korea

South Korea’s Hanwha Ocean has completed the world’s first installation of the wind challenger system on an LNG carrier. The LNG carrier is owned by Japan’s MOL and chartered by US energy giant Chevron.

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

TotalEnergies to transfer Papua LNG operatorship to ExxonMobil

French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.

K Line, Petronas name LNG carrier duo in China

Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.

Atlantic spot LNG rates rise for first time in seven weeks

Atlantic spot LNG shipping rates rose for the first time in seven weeks, rising $3,750 week-on-week to $15,500 per day, according to Spark Commodities.

More News Like This

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.

Yang Ming, Hanwha Ocean ink deal for LNG-powered containerships

Taiwan’s Yang Ming Marine Transport has signed a shipbuilding deal with South Korea’s Hanwha Ocean for the construction of six LNG-powered containerships.

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.