Japan’s shipping major Mitsui O.S.K. Lines (MOL) though its group company MOL Energia Pte. Ltd. signed a time charter contract for two liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) with a subsidiary of TotalEnergies, CSSA Chartering and Shipping Services SA (CSSA).

The 230 meters long vessels will be built by Hyundai Samho Heavy Industries in South Korea and are scheduled for delivery in 2026.

No price has been revealed for the newbuilds. The ships will be able to transport ammonia as well as LPG.

MOL has a long-strong relationship with TotalEnergies in many fields, including the transport of marine fuel oil and long-term charter contracts for LNG carriers and LNG bunkering vessels.

The company expects to build even stronger partnership with TotalEnergies through the conclusion of this charter deal.