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| Ensuring
stable transport of clean energy |
Liquefied natural gas (LNG) is drawing attention as a clean-burning fuel, and demand is growing all over the world. MOL first participated in an LNG transport project in 1983. Ten years later, as a representative of a Japanese consortium, played a key role in the conclusion of the largest LNG transport contract in the 20th Century, the Qatar Project, moving 6 million tons of LNG annually from the Middle East to Japan. In 2003, we signed a comprehensive service support contract with the Government of the Sultanate of Oman aimed at developing the nation's ocean shipping industry. We serve as a technical advisor and also continue to accumulate know-how through operation and management of 6 LNG carriers.
MOL is currently involved in about 25% of the world's LNG transport in terms of ownership, management, and operation of LNG carriers. As the leader in LNG transport, we continue to meet the world's growing LNG demand with an expanding fleet and a vigilant focus on safety. |
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| LNG carrier FUWAIRIT |
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LNG carrier
SURYA SATSUMA |
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LNG carrier IBRI LNG |
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| Safety management structure helps MOL maintain its edge |
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LNG carrier load/discharge simulator |
MOL established a specialized ship management company for LNG carriers, and maintains safe operation with advanced transport technologies and skilled human resources. We introduced our unique Safety Management System for all practical work from ship management to operation, and comprehensively manage even onshore activities such as loading and discharging. At our crew training centers, we also concentrate on education and training of seafarers, with advanced simulators that replicate the experience of operating vessels, engines, and equipment, as well as loading/discharging. In 2007, our LNG carrier crew training program was certified for compliance with Society of International Gas Tanker & Terminal Operators Ltd. (SIGTTO) standards by the Norwegian ship classification society association, Det Norske Veritas (DNV). MOL continues to promote the safe, reliable transport of this vital energy resource by providing internationally accredited training. |
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| Proactively responding to new LNG projects |
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Loading an LNG carrier equipped with the onboard regasification system |
Various LNG projects are under way around the world, and are expected to grow tremendously in the coming years. The expansion of the industry brings more diverse needs for LNG carriers. Larger ships and diesel engines are just two examples of changing technologies. MOL is in the forefront of these developments, with advances such as new LNG carriers with an onboard regasification system that will go into service in 2010. |
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