MOL Names New LNG Carrier To Import Clean LNG from USA

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Mitsui O.S.K. Lines, Ltd. held the naming ceremony for an LNG carrier, ordered through a wholly-owned subsidiary of MOL online on February 9, 2021, says a press release published on their website.

The online ceremony

The LNG carrier was named “GAIL BHUWAN” in the presence of Mr. A K Tiwari, Director (Finance) and Mr. E S Ranganathan, Director (Marketing), GAIL (Corporate Office: New Delhi, India), and other senior officials, present during the online naming ceremony, is the first newly built LNG Carrier for the charter contract with GAIL.

For more information read our article Mitsui LNG Ship Hired by Gail for Transporting Gas from America!

Clean LNG from USG

GAIL has contracts for procuring LNG volumes from the USA under two long-term Sales and Purchase Agreements signed with US energy majors.

The vessel will ship clean LNG fuel from the US Gulf Coast to India, for meeting the country’s energy requirement and also to other markets globally.

MOL India projects

MOL has been participating in the Indian market since the beginning of LNG import into the country, with the distinction of having brought the first gas from Qatar. MOL is currently participating in not only the transportation of LNG but also other projects in India including Floating LNG receiving terminal and Ethane transportation by the first Very Large Ethane Carrier (VLEC) in the world.

MOL will, in response to increasing demands for energy transportation, continue its effort to provide various sea transportation services with high safety standards, which the company is known for.

Vessel ‘GAIL BHUWAN ‘ specification

(1) Length: 297.9m
(2) Breadth: 47.9m
(3) Draft: 11.50m
(4) LNG tank: Membrane type
(5) Cargo tank capacity: 180,000m3
(6) Shipyard: Daewoo Shipbuilding & Marine Engineering Co., Ltd.
(7) Ship management company: MOL LNG Transport (Asia) Ltd.

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Source: MOL