Mitsui O.S.K. Lines,Ltd (MOL) revealed that it has actually authorized a Letter of Intent with Public Joint-Stock Company “State Transport Leasing Company” (GTLK), a state-owned leasing firm under the Ministry of Transport of the Russian Federation, for the prospective purchase of 49% shares of the FSU (Floating Storage Unit) proprietor firms, which are presently 100% possessed by GTLK, in regard to the LNG transhipment tasks in Kamchatka and also Murmansk.

Image Credits: mol.co.jp

The prior FSU proprietor firms have earlier became part of bareboat charter arrangements with Arctic Transshipment LLC (a joint endeavor of JSC NOVATEK (NOVATEK) and also TotalEnergies S.E.), which will certainly supply transhipment solutions to NOVATEK’s LNG-projects by refilling LNG freights from ice-class LNG service providers to traditional LNG service providers.

Two (2) FSUs with the globe biggest storage space ability of concerning 360,000 m3 will certainly be put at each of Bechevinskaya Bay in the Kamchatka Territory and also Ura Bay atMurmansk The 2 FSUs are presently being built at Daewoo Shipbuilding & & Marine Engineering Co.,Ltd (Head Office: Geoje, Korea). Once the building is finished, the FSUs will certainly be hauled to Kamchatka and also Murmansk to be put at each of their websites. MOL has actually been sustaining the building from the technological and also design point of view, particularly, the standard style, strategy authorization and also website guidance functions.

By carrying LNG using the Northern Sea Route and also by transshipping at Kamchatka and also Murmansk, it is anticipated to decrease trip expenses and also greenhouse gas exhausts. In enhancement, protecting LNG at a place near to a factor of usage is thought to enhance the safety and security and also integrity of the power supply.

Image Credits: mol.co.jp

Furthermore, making sure consistent accessibility to power sources in the Russian Arctic area need to add to a secure power supply toJapan MOL will certainly add to steady LNG transport by giving a wide array of solutions, from icebreaking LNG service providers which transfer LNG from filling ports in the Russian Arctic to those LNG transhipment terminals, and also to traditional LNG service providers which supply LNG from the transhipment terminals to releasing ports.

Addressing ecological problems according to “MOL Group Environmental Vision 2.1”, the MOL Group executes continuous group-wide initiatives to accomplish lasting net-zero GHG exhausts and also adds to the understanding of a low-carbon culture.

Reference: mol.co.jp