Japan’s MOL orders six LNG-powered ships

Japan’s shipping giant MOL has ordered six large LNG-powered vessels at yards in China, as part of its plans to have 90 LNG-fueled ships by 2030.

MOL said in a statement on Thursday it signed a deal with CSSC’s Qingdao Beihai Shipbuilding for the construction of four 210,000-dwt LNG-powered Capesize bulkers.

This is MOL’s first time to order newbuilding vessels from this shipyard.

These bulkers will be about 300 meters long and 50 meters wide.

MOL said it would take delivery of these ships in succession from 2025 through 2026.

In addition, MOL concluded a shipbuilding contract with Japan’s Kawasaki Heavy Industries for two 309,000-dwt LNG-fueled very large crude carriers.

The two VLCCs will be about 339.5 meters long and 60 meters wide.

China’s Dalian COSCO KHI Ship Engineering, jointly operated by KHI and China COSCO Shipping, will build these VLCCs and deliver them in 2025 and 2026.

MOL did not reveal the price tag of the deals.

The firm said it has ordered 16 ocean-going LNG-fueled vessels which includes these Capesize bulkers and VLCCs, in addition to car carriers, bulkers, and six coastal vessels including ferries, one tugboat, and a coastal cargo vessel.

MOL added it would “further continue to widen the use of LNG fuel as an initiative that it can take now, to accelerate toward the complete elimination of GHG emissions.”

Most Popular

LNG carrier arrives to load first LNG Canada cargo

The 174,000-cbm GasLog Glasgow has arrived at the LNG Canada jetty in Kitimat to load the first LNG cargo produced at the Shell-led terminal, an LNG Canada spokesperson told LNG Prime on Saturday.

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.

BP seals LNG SPA with Italy’s A2A

UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with Italian electricity and gas distributor A2A.

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.