MOL Names New LNGC for India's Gail
Japanese shipping company Mitsui OSK Lines (MOL) on February 9 named an LNG carrier that will be chartered to India’s Gail, it said on February 10.
The Gail Bhuwan vessel will carry LNG from the US to India. Gail has contracts for procuring LNG from the US under two long term sales and purchase agreements. The Indian state-owned company holds an LNG portfolio of about 14mn metric tons/year from various long and short-term contracts.
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The vessel has a 298-m length and a cargo tank capacity of 180,000 m3. It was built by Daewoo Shipbuilding & Marine Engineering and is managed by MOL LNG Transport Asia.
MOL is also taking part in other projects in India, including a floating LNG receiving terminal and ethane transportation.