MOL Concludes Charter Agreement for LNG Carrier with TotalEnergies

Tokyo - October 20, 2022

Mitsui O.S.K. Lines, Ltd.(MOL; President & CEO: Takeshi Hashimoto) announced that it has signed a multi-year contract to charter a newbuild LNG Carrier with TotalEnergies Gas & Power Limited, who is wholly owned subsidiary of TotalEnergies on September 26th.

The vessel currently being built by Daewoo Shipbuilding & Marine Engineering is fitted with the most modern ME-GA engine which provides lower emissions compared to previous generation vessels. ME-GA engine is equipped with Exhaust Gas Recirculation (EGR) system that reduces methane slip while improving overall fuel consumption.

The vessel will have cargo tank capacity of 174,000 m3 and the size of the vessel is suitable to operate globally serving the main LNG terminals around the world.

The vessel will be delivered in 2025 to serve TotalEnergies LNG portfolio and shall continue to improve the environmental performance of its LNG carrier fleet.

Vessel particulars

About MOL
MOL is a multimodal transport group that meets diverse transport needs with one of the world's largest merchant fleets and a comprehensive approach to safety. To further contribute to economic growth, the MOL Group works toward its ideal on the global stage: becoming an excellent and resilient company that leads the worldwide shipping industry.

For the next generation on board this planet, the MOL Group will work collaboratively with our partners and stakeholders with creativity to resolve environmental issues. We will continue to provide solutions for issues of high importance such as the preservation of the marine environment, protection of biodiversity and prevention of air pollution, and in order to tackle climate change with utmost urgency, the MOL Group will make a concerted effort to achieve net zero GHG emissions by 2050.With these contributions for the sustainable development of our society and the preservation of nature, from the blue oceans, we sustain people's lives and ensure a prosperous future.

About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

Mitsui O.S.K. Lines, Ltd. press release