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 Q2 revenue reaches $4.58 billion, net income jumps

US LNG exporter Venture Global reported revenue of $4.58 billion in the second quarter of this year, a 47.6 percent rise from the year before, while its net income surged 266 percent year-on-year to $1.35 billion.

Technip Energies scores Malaysian LNG gig

French LNG engineer Technip Energies has secured a contract for Gas Malaysia's planned FSRU-based LNG terminal in Yan, Kedah.

Glenfarne’s Magnolia LNG seals feed gas deal

Glenfarne’s Magnolia LNG has signed a long-term feed gas deal with Texas Eastern Transmission for its planned liquefaction and export plant in Louisiana.
spot_img

More News Like This

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.

Poland’s Gaz-System names first Gdansk FSRU

Poland’s state-owned LNG terminal operator Gaz-System has named the first floating storage and regasification unit (FSRU) that will serve its LNG import project in Gdansk.

MOL inks European bio-LNG deals

Japan’s shipping giant MOL has signed new supply agreements with Titan, part of Molgas, and Axpo to expand the use of bio-LNG fuel for its LNG-fueled car carriers in Europe.

MOL, Cosco Shipping name LNG carrier in China

China’s Hudong-Zhonghua has hosted a naming ceremony for a new 174,000-cbm LNG carrier built for Japan’s MOL and Cosco Shipping’s unit CSLNG.