Misc, Mitsubishi & NYK to co-own LNGC pair
Malaysian shipping group Misc has reached a deal with Japanese firms Mitsubishi and NYK on the co-ownership of two newbuild LNG carriers (LNGCs) that will be deployed at the LNG Canada project.
The two vessels, capable of transporting 174,000 m3 of LNG, are under construction in South Korea’s Hyundai Samho Heavy Industries (HSHI) shipyard, Misc said in a statement on September 24. Due for delivery in 2021, they feature modern XDF propulsion and partial re-liquefaction facilities.
The pair will serve Mitsubishi’s LNG sales and marketing subsidiary Diamond Gas International under an 18-year charter contract. Mitsubishi owns 15% in the Shell-led consortium developing LNG Canada, a planned 14mn mt/yr export terminal in British Colombia. The group reached a final investment decision in October last year.