Japan’s shipping major Mitsui O.S.K. Lines (MOL) has sealed a long-term charter deal for a newbuild LNG carrier with a vessel operation management company funded by Tokyo-based JERA.

The firm did not provide the duration of the charter.

According to MOL, this is the seventh deal following a time charter contract for sixth LNG carrier that were signed for JERA.

The vessel will be built at the Geoje Shipyard of Samsung Heavy Industries in South Korea and is scheduled for delivery in 2026.

It will be managed by MOL and will transport LNG for JERA. The new vessel will feature MAN Energy Solutions ME-GA engine.

It will be 290 meters long and 45.8 meters wide.

Last week, Shipping Telegraph, reported that MOL held the naming ceremony for its newbuilding LNG carrier, the Greenergy Ocean, for CNOOC Gas & Power Singapore Trading & Marketing, wholly-owned by China National Offshore Oil Corporation (CNOOC), at Hudong-Zhonghua Shipbuilding (Group).

The vessel which is the first in a series of six newbuilding LNG carriers will serve China National Offshore Oil Corporation.

This is the first vessel to be launched under a long-term charter contract for six newbuilding LNG carriers for CNOOC signed in January 2022, jointly owned by MOL, CNOOC, and COSCO SHIPPING LNG Investment (Shanghai).

After delivery at the end of May, the vessel will transport LNG procured by the CNOOC Group from all over the world, mainly to China.