Japan’s Mitsui OSK Lines (MOL) and also India’s state-run GAIL have actually authorized a time charter agreement for a newbuild melted gas (LNG) provider, and also for joint possession of an existing LNG provider.
The newbuild vessel will certainly be developed by South Korean shipbuilder Daewoo Shipbuilding & & Marine Engineering with a charter duration from 2023, according to a joint declaration by MOL and also GAIL onWednesday
This is the 2nd charter arrangement for an LNG provider authorized in between MOL and also GAIL, which is India’s biggest gas supplier, it included.
The initially provider, under the arrangement checked in 2019, ships LNG from the UNITED STATE Gulf Coast toIndia
(Reuters – Reporting by Emily Chow; Editing by Rashmi Aich)
