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MOL will manage the new vessels, which will supply LNG from a Mitsui & Co.-backed project in Cameron in Louisiana, the U.S. to markets in Japan and other countries. Aiming toward its goal of "solid growth through innovative changes" set forth in the midterm management plan STEER FOR 2020, MOL continues to meet customers' needs for LNG procurement and offer safe, high-quality LNG transport services backed by the experience, know-how, and network accumulated as the world leader in LNG carrier ownership and management. Outline of charter contract Shipowner : Wholly owned subsidiary of MOL Charterer : Mitsui & Co., Ltd. Chartering period : Starting around 2018 (up to 25 years) Profile of newbuilding LNG carriers Length : About 300m Breadth : 48.9m Draft : 11.05m Cargo tank capacity : 155,000m3 Shipyard : Kawasaki Heavy Industries, Ltd. Ship management company : Mitsui O.S.K. Lines, Ltd. Mitsui O.S.K. Lines, Ltd. press release |