Japan’s MOL orders more LNG-powered car carriers

Japan’s shipping giant MOL has ordered two more LNG-powered car carriers at compatriot Nihon Shipyard.

A spokesperson for MOL confirmed the order to LNG Prime on Friday for two LNG-powered vessels with a capacity of 7,000 units.

MOL now has six LNG-powered car carriers with a capacity of 7,000 units at Nihon, the spokesperson said.

The spokesperson did not provide the delivery dates for the vessels or any additional information.

Brokers said that Nihon is expected to deliver these two new carriers in 2026.

Besides these six vessels, MOL also has four LNG-powered car carriers with the same capacity on order at Shin Kurushima Dockyard.

In August 2021, MOL placed orders for four LNG-powered vessels at the two compatriot yards and added four more in May 2022.

MOL will take delivery of these vessels between 2024 and 2025.

VesselsValue data shows that MOL will pay $95 million per vessel for the order at Nihon in May 2022.

MOL said that all of these car carriers will adopt the “Blue” series name and new hull color design.

The shipping firm previously said that it plans to have 90 LNG-fueled vessels in its fleet by 2030.

However, these 90 vessels now also include methanol-powered ships.

MOL recently signed a basic agreement with Kambara Kisen to charter a newbuilding methanol dual-fuel bulk carrier.

Most Popular

Venture Global’s Plaquemines LNG wraps up $4 billion notes offering

Venture Global's unit Plaquemines LNG has closed a $4 billion offering of senior secured notes.

Argentina’s Enarsa to spend $567 million on LNG purchases

Argentina's state-owned LNG importer, Energia Argentina (Enarsa), will spend $570 million to purchase 22 liquefied natural gas (LNG) cargoes from BP and TotalEnergies this year.

Shell’s LNG Canada to ship second cargo

Shell-led LNG Canada is expected to soon ship the second cargo of liquefied natural gas from the Kitimat facility on the west coast of Canada, according to shipping data.

More News Like This

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.

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.

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.

MOL says it will consider both Chinese and Korean yards for new LNG carrier orders

Japan's MOL said it will consider both Chinese and South Korean yards for new orders of liquefied natural gas carriers. This follows recent media reports suggesting that MOL intends to suspend new LNG carrier orders to Chinese shipyards.