TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced the signing of a long-term charter contract for a newbuilding LNG carrier with a vessel operation management company funded by JERA Co., Inc. (JERA)

MOL and JERA Signs Long-Term Charter Deal for Newbuilding LNG Carrier

This is the sixth contract, following a time charter contract for five LNG carriers that were signed for JERA. The vessel will be built at the Geoje Shipyard of SAMSUNG HEAVY INDUSTRIES CO., LTD (Headquarters: South Korea), and is scheduled for delivery in 2027. It will be managed by MOL and will transport LNG for JERA. 

The new vessel will be equipped with the cutting-edge MAN Energy Solutions engine (ME-GA), which improves fuel consumption efficiency, with specifications that enhance its environment friendliness, compared to conventional LNG carriers.

Through this long-term charter contract, MOL will contribute to the realization of a stable supply of LNG in partnership with JERA.

Outline of the vessel:

Main dimensions LOA: 290m; Breadth: 45.8m
Tank type 174,000m3 membrane
Main engine ME-GA
Shipyard SAMSUNG HEAVY INDUSTRIES
Scheduled delivery 2027