Japanese firms Mitsui O.S.K. Lines (MOL) and NYK Line, through their joint-venture (JV) companies with Chubu Electric Power, have placed orders for two liquefied natural gas (LNG) carriers each.
The companies have also signed long-term charter contracts.
Trans Pacific Shipping 6 and Trans Pacific Shipping 7, the JVs between NYK and Chubu Electric Power, and MOL and Chubu JV company signed contracts with Kawasaki Heavy Industries (KHI) and MI LNG for the LNG carriers.
MI LNG is a JV between Mitsubishi Heavy Industries (MHI) and Imabari Shipbuilding formed in April 2013 to design and market new LNG carriers.
Planned to be constructed at MHI’s Nagasaki Shipyard & Machinery Works, the vessels will feature a steam turbine and gas engines (STaGE), four apple-shaped tanks, and improved version of Moss-type2 tanks.
NYK plans to use the new vessels, which will be delivered in 2018, to transport LNG for a 20-year period from the Freeport LNG project in Texas, US.
Trans Pacific Shipping 6’s vessel will have 180,000m³ cargo tank capacity with gross tonnage of around 151,500t, while the Trans Pacific Shipping 7’s carrier will have 177,000m³ cargo tank capacity and gross tonnage of around 137,000t.
These two vessels are expected to be completed by 2018.
The new LNG carriers for MOL are the second and third vessels under long-term charter contracts with Chubu after the ESSHU MARU tanker deal in December last year.
These ships will be used for transporting LNG that Chubu will procure from the Freeport project.
MOL will leverage its expertise and network to meet the LNG procurement needs of its customers in line with its midterm management plan ‘STEER FOR 2020,’ the company said.
Image: An artistic view of Sayaringo STaGE next-generation LNG carrier. Photo: courtesy of Mitsubishi Heavy Industries, Ltd.