MOL has ordered three LNG carriers from Hudong-Zhonghua Shipbuilding. Shown is MOL’s 174,000-m3 Spirit of Hela built in 2010 (source: Wartsila)
ENN LNG (Singapore) has signed a long-term contract with Japan’s Mitsui OSK Lines (MOL) for three newbuilding LNG carriers
The trio of vessels will be built at Hudong-Zhonghua Shipbuilding in China, and are slated for delivery by 2028. After delivery, the LNG carriers will be engaged mainly in transporting LNG procured by ENN under long-term purchase contracts to China.
“The contract was concluded based on ENN’s high evaluation of MOL’s track record in the LNG carrier business for China, its extensive experience in building LNG carriers in China, and its performance in safe cargo transport and safe operation of vessels”, said MOL in a press statement.
China is increasingly shifting its energy sources from coal and oil to natural gas in response to growing awareness of the need for a low-carbon, decarbonised society, and in 2021 became the world’s largest LNG importer for the first time. China’s LNG demand is expected to grow even more in the future.
ENN LNG (Singapore) is a wholly owned subsidiary of ENN Natural Gas, Langfang City, Hebei Province, China. ENN is a leading privately owned energy company, which has an extensive customer base in more than 20 provinces in China. It supplies 10% of natural gas consumption in China and operates a large LNG terminal in the Zhoushan area of Zhejiang Province.
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