MOL and JERA Signs Long-Term Charter Deal for Newbuilding LNG Carrier built by Samsung Heavy Industries

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)

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.

Recently, MOL has also signed a charter deal with INEOS for two LNG carriers. The vessels will be used for the import of LNG into Germany from the United States.

The vessels have a capacity of 174,000 cbm and are being built at the Okpo Shipyard in South Korea. The duo will be equipped with the latest MAN Energy Solutions engines (ME-GA), air lubrication technology, and shaft generators making them highly efficient.

Yangzijiang Shipbuilding

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