MOL books third LNG carrier with JMU

Mitsui OSK Lines, Japan's biggest ship owner, has ordered another LNG carrier with compatriot shipbuilder Japan Marine United, the company said in its press release.
 
Upon delivery in 2018, the 165,000m3 ship, labelled JMU No. 5073, will be used on a timecharter contract with Tokyo Gas subsidiary Tokyo LNG. The timecharter contract would last up to 20 years.
 
This is the third such ship that MOL has ordered this year, under similar arrangements. The other two ships, JMU No. 5070 and JMU No. 5072, were ordered on 28 February and 28 November respectively and are due to be delivered in 2017.
 
All three ships are to be used to deliver LNG from the Cove Point LNG project in the US.
 
MOL operates 11 of Tokyo LNG's 14 owned LNG carriers and directly manages eight of these 11 ships.