JAPANESE transportation company Mitsui O.S.K. Lines and British energy company Ineos Energy Trading signed an agreement for the charter of two newbuild LNG carriers.
The vessels are to be used for the import of LNG into Germany from the US.
Ineos said the agreements follow the sales and purchase agreement signed with Sempra for 1.4 milliion tonnes per annum of supply out of Port Arthur and the purchase of long-term regasification capacity in Brunsbuttel, the German LNG terminal.
Both vessels have a capacity of 174,000 cubic metres.
They are being built at the Okpo Shipyard in South Korea and will be equipped with the latest MAN Energy Solutions engines (ME-GA).
They are slated for delivery in 2027.
Ineos Energy Trading CEO David Bucknall said: “It was extremely important that we selected modern, efficient vessels with environmental considerations embedded in the design. We agreed an engine type and vessel specification with MOL that we believe is optimal for reducing carbon emissions and methane slip. We will continue to work with MOL to identify further opportunities to reduce emissions as both companies work towards a net-zero future.”
Whilst INEOS has an extensive fleet of ethane and naphtha carriers, the contract for the two vessels is its entry into the LNG carrier market.
