MOL Names New LNG Carrier LNG Megrez in China

October 29, 2020

A naming ceremony was held October 20 for a new liquefied natural gas (LNG) carrier jointly ordered by Mitsui O.S.K. Lines, Ltd. (MOL) and China COSCO Shipping Corporation Limited (China COSCO Shipping), at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong).

The vessel is the last in a series of four newbuilding conventional LNG carriers for the Yamal LNG project announced at the end of June 2017, and was named LNG Megrez after a star in the constellation Ursa Major.

LNG Megrez (Photo: MOL)
LNG Megrez (Photo: MOL)

MOL has been operating 14 LNG carriers built in China for other projects, and LNG Megrez will become the 15th LNG carrier built at Hudong to join the MOL fleet.

For the construction of the four newbuilding conventional LNG carriers for the Yamal LNG Project, MOL assigned technical experts to Hudong to form a shipbuilding supervision team made up of approximately 40 members.

MOL said LNG Megrez is expected to be delivered from the shipyard on schedule despite complications brought about by the pandemic.

LNG MEGREZ
length: 295 m
Breadth: 45.00 m
Draft: 11.50 m
LNG tank: Membrane type
Cargo tank capacity: 174,000 m3
Shipyard: Hudong
Ship management company: MOL LNG Transport (Europe) Ltd.
Ownership: MOL 50%/China COSCO Shipping 50%

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