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MOL and China Shipping comfirm Yamal LNG carrier order at DSMEMOL and China Shipping comfirm Yamal LNG carrier order at DSME

Mitsui OSK Lines (MOL) and China Shipping Group have confirmed contracts for three ice-class LNG carriers for Russia’s Yamal LNG project.

Marcus Hand, Editor

July 9, 2014

2 Min Read
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Joint ventures from the two companies have ordered three 172,000 cu m Arc-7 ice-class LNG carriers at Daewoo Shipbuilding & Marine Engineering (DSME).

The vessels are part of an expected fleet of 16 ice-class LNG carriers for the Yamal LNG project in Russia’s Far North.

In total 16 slots for the vessels were secured at DSME in August 2013. “The signing by other owner of remaining carriers required for Yamal LNG fleet will be made in Russia,” MOL said in a statement.

The vessels will be designed to operate in ambient temperatures of up to minus 50°C and independent navigation in ice more than 2.1 m thick. The first train from the Yamal plant is expected to come onstream in 2017.

A seaport is to be constructed at Sabetta with LNG shipped westbound in the winter, and in the summer eastbound utilising the Northern Sea Route (NSR). The LNG carriers are set to spur the development of the NSR, which has attracted increasing attention over the last few years as a shorter, alternative route to Asia as summer ice in the Arctic recedes.yamal.jpg

“MOL will bring to the project its 130 years of first class and reliable navigation experience and through this new undertaking will develop its know-how and resources needed for ship operation on Northern Sea Route, which should further enhance and expand MOL’s ocean transport services,” MOL said.

Once fully operational an LNG cargo is expected to be loaded every 38 hours at Yamal LNG all year round.

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About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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