MOL signs vessel charter for Arctic LNG-2
Japanese shipping company Mitsui OSK Lines (MOL) has inked a charter contract for a newbuild ice-breaking carrier that will serve Russia’s Arctic LNG 2 project, the company said on February 9.
MOL said it agreed to participate in cargo transport for the Arctic LNG 2 project and had signed a charter contract for a newbuild ice-breaking tanker with the project's operating company, whose largest shareholder is Novatek.
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The vessel will be constructed at Guangzhou Shipyard International Company in China and is slated for delivery in 2024. This contract follows the October 2020 signing of charter contracts for three ice-breaking LNG vessels to serve for the same project.
The vessel will transport condensate from the LNG/condensate plant inside the Arctic Circle on the Gydan Peninsula, mainly to Europe via the Northern Sea Route.
MOL has operated three ice-breaking LNG carriers on the Northern Sea Route for the Yamal LNG project since March 2018. In addition, three ice-breaking LNG carriers for the Arctic LNG 2 project are scheduled to go into service in 2023, MOL said.