MOL, NYK sign charter deals to build LNG carriersMOL, NYK sign charter deals to build LNG carriers

The two 165,000-cu m new ships will be built at Japan Marine United Corporation and they are scheduled for completion in 2017.

MOL and NYK have separately pencilled the deal with Tokyo LNG Tanker that involves a 20-year long term charter of the newbuildings.

The LNG carriers will be used to transport LNG mainly from Cove Point LNG Project in the US to Tokyo Gas facilities.

Both MOL and NYK said that the new LNG carriers would boast fuel efficiency and reduce carbon dioxide emissions.