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MOL Signs Charter Contract for Ice-Breaking Tanker for Arctic LNG 2

  • Mitsui O.S.K. Lines has announced that on January 26 it agreed to participate in cargo transport for the Arctic LNG 2 Project on Russia’s Gydan Peninsula, and signed, through an MOL subsidiary, a charter contract for a newbuilding ice-breaking tanker with the project company, whose largest shareholder is Russia’s Novatek.

    Vessel particulars:

    • Length: 214 m,
    • Breadth: 34 m,
    • Cargo hold capacity: 54,800 m3,
    • Ice Class: Specifications RMRS ARC7,
    • Polar Service Temperature: -50 degrees Centigrade,
    • Maximum icebreaking capacity: 1.5 m thick at ahead / 1.8 m at astern with icebreaker bow structure and 2-shaft POD propeller.

    This contract follows the October 2020 signing of charter contracts for three ice-breaking LNG vessels to serve for the same project.

    The vessel will be constructed at Guangzhou Shipyard International Company Limited, a subsidiary of China State Shipbuilding Corporation Limited (CSSC), and is slated for delivery in 2024.

    The vessel will transport condensate from the LNG/condensate plant inside the Arctic Circle on the Gydan Peninsula, mainly to Europe (westbound) via the Northern Sea Route.

    MOL has operated three ice-breaking LNG carriers on the Northern Sea Route for the Yamal LNG Project since March 2018. In addition, three ice-breaking LNG carriers for the Arctic LNG 2 Project are scheduled to go into service in 2023.

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