Mitsui O.S.K. Lines, Ltd. (MOL) has announced that, through a subsidiary, it has signed time charter contracts for four newbuilding LNG carriers with NOVATEK Gas & Power Asia Pte. Ltd., a wholly owned subsidiary of Russia’s Novatek. The vessels will be constructed at Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME), and are slated for delivery in 2024.
According to MOL, the newbuilding LNG carriers will be equipped with the cutting-edge MAN Energy Solutions engines, which offer major improvements in fuel efficiency. They will also have a new design that generates less boil-off gas from cargo tanks through the use of the re-liquefaction unit on board, and a shaft generator system that uses the rotating propeller shaft for power generation. The vessels will be considerably more environmentally friendly than current LNG carriers, MOL said in a statement.
Recent Posts
Wärtsilä, Chevron Shipping partner to lower methane emissions on LNG
Global energy demand to grow 24%: OPEC
Odisha gets investments for ethanol and compressed biogas projects
Envirotainer completes integration of va-Q-tec’s pharma business, advancing the future of pharma cold chain
DNV awards type approval design certification to Hanwha Ocean
Amogy sails world’s first carbon-free ammonia powered maritime vessel
BIO-UV Group to supply BIO-SEA ballast water treatment tech to Piriou Group
Wärtsilä to future-proof container vessels with CCS-Ready scrubber tech