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    Japan's MOL orders 4 more LNG-fuelled car carriers

Summary

This brings the company's total orders for LNG-fuelled car carriers to eight.

by: Shardul Sharma

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Complimentary, Natural Gas & LNG News, Liquefied Natural Gas (LNG), Security of Supply, Corporate, Investments, Gas for Transport, News By Country, Japan

Japan's MOL orders 4 more LNG-fuelled car carriers

Japanese shipping company Mitsui OSK Lines (MOL) has reached an agreement with Nihon Shipyard and Shin Kurushima Dockyard to build four 7,000-unit capacity LNG-fuelled car carriers, it said on May 9 in a statement.

The vessels are the second series following four LNG-fuelled car carriers, which are slated for delivery in 2024. The newly ordered ships are scheduled for delivery in succession, from 2024 to 2025. This will bring the company's total orders for LNG-fuelled car carriers to eight, MOL said.

In June 2021, MOL said it is aiming to achieve net-zero emissions by 2050. The company plans to launch about 90 LNG-fueled vessels by 2030.