This is the first LNG-fueled VLCC ordered from a Japanese tanker operator, and the first VLCC newbuild order from global market since from July last year, said Dalian Cosco KHI Ship Engineering.
According to brokers Poten & Partners in a recent report the last VLCC newbuilding was ordered in June 2021, while there have been no contracts for Suezmaxes since July last year. Tanker markets have endured a torrid couple of years which has seen owners refrain from ordering new tonnage.
This VLCC pair for MOL, measuring 339.5 metres length and 60 metres breadth, meet the Phase 3 regulation of EEDI, will be able to reduce 25-30% carbon emission comparing with the traditional vessel.
The newbuild VLCCs are scheduled for delivery from 2025 through 2026.
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