MOL forms Indonesian LNG manning firm

Japan’s shipping giant MOL and PT MCS Internasional have established a new liquefied natural gas (LNG) carrier manning company in Indonesia.

Established in August, PT McMOL Crewing International plans to begin operations in April 2024, and will primarily allocate seafarers for MOL’s fleet of LNG carriers, according to a statement by MOL.

In operating vessels transporting LNG, it is essential to recruit, train, and retain top-quality seafarers who are qualified to handle LNG, MOL said.

Yet even as the use of LNG expands on the back of growing needs for cleaner energy, the world is facing a shortage of seafarers, the shipping firm noted.

Since 1986, when MOL teamed up with the Humpuss Group to form PT Humolco LNG Indonesia, a ship management company, it has also focused on training Indonesian seafarers, MOL said.

MOL added the establishment of this new manning company will contribute to stably securing seafarers.

The shipping has a huge fleet of LNG carriers and manages its LNG vessels through six companies around the globe, in Tokyo, London, Hong Kong, Jakarta, Muscat (Oman), as well as Arzew (Algeria).

According to MOL’s annual report for the period ending March 31, 2023, the company’s fleet of consists of 94 LNG carriers, 2 LNG bunkering vessels, and also 4 FSUs and FSRUs.

Most Popular

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

More News Like This

Hudong-Zhonghua delivers 8th LNG carrier in 2024

Last year, Hudong-Zhonghua delivered a record six LNG carriers. Earlier this month, the shipbuilder broke this record with the delivery of a...

QatarEnergy completes massive LNG shipbuilding program

QatarEnergy said on Wednesday it has selected the joint venture of MOL (MOL) and Cosco Shipping LNG Investment (Shanghai)...

Cosco Shipping, MOL team up on six QC-Max LNG carriers

Shanghai Cosco Shipping LNG Investment, a unit of CSET, will take a 50 percent stake in each of the...

Poland’s Gaz-System secures construction permit for Gdansk FSRU project

According to a statement by Gaz-System, the company obtained the permit on December 3 from the Voivode of the...