Mitsui O.S.K. Lines
  • About MOL

    About MOL

    About MOL Top

    • Corporate Profile
    • Corporate Principles
    • Directors, Auditors and Executive Officers
    • Organization
    • Compliance
    • History
    • Location
    • MOL Group
    • Corporate Brochure/Video

  • MOL Services

    MOL Services

    MOL Services Top

    • Dry Bulk Transport Dry Bulkers
    • Energy Transport Tankers
    • Energy Transport LNG Carriers
    • Energy Transport Offshore Business
    • Product Transport Car Carriers
    • Product Transport Ferries and Coastal RoRo Vessels
    • Product Transport Containerships
    • Product Transport Terminal
    • Product Transport Logistics
    • Associated Businesses Cruise Ship
    • Associated Businesses Tugboat

  • Sustainability

    Sustainability

    Sustainability Top

    • Sustainability Issues (Materiality)
      • Overview of MOL's Sustainability Issues (Materiality)
      • Sustainability Dialogue
      • ESG Finance
    • Safe Operation
      • Safe Operation Management Structure
      • Cultivating a Safety Culture
      • Education and Training
      • Safe Operation Support System
      • Facilities and Equipment that Support Safe Operation
      • Safe Operation Supporting Yamal LNG Project
    • Technological Innovation
      • Technology Innovation Unit
      • Technological Innovation - MOL's Projects
      • Tracking MOL's Ship Technologies
    • ICT Strategy
      • Organizational Structure to Promote ICT Strategy
      • Examples of ICT Strategies
    • Environment
      • Environmental Policy Statement
      • MOL Group Environmental Vision 2.0
      • Promoting Environmental and Emission Free Businesses
      • Ocean Shipping's Impact on the Environment
      • Organizational Structure
      • Regulations
      • Prevention of Global Warming
      • Prevention of Air Pollution
      • Conservation of Ocean Environment
      • Conservation of Biodiversity
      • Aiming for Leadership in Environmental Protection
      • Group Companies' Initiatives
      • Environmental Activities Results
      • Environmental Data
    • Human Resources
      • Group's Common Sense of Values, MOL CHART
      • Global Human Resources
      • Promotion of Diversity
      • MOL Group's Workstyle Reforms
      • MOL's Health and Productivity Management
      • Human Resources Data
    • Social Contribution Activities
      • MOL's primary social contribution activities
    • Dialogue with Stakeholders
    • External Recognition
    • MOL Report (to IR Library)
      Safety, Environmental and Social Report (Back Issues)

  • Investor Relations

    Investor Relations

    Investor Relations Top

    • Management Policy
      • Message from the CEO
      • Management Plan
      • IR Policies
      • Risk Management
    • Corporate Governance
      • Approaches to Corporate Governance
      • Corporate Governance Initiatives
      • MOL Corporate Governance Organizational Structure
      • Corporate Governance Report
      • Dialogue between Outside Officers
    • Financial Information
      • Latest Financial Results
      • Financial Data
    • IR Library
      • IR News
      • Financial Highlights
      • Business Performance
      • Investor Guidebook
      • Market Data & Monthly Lifting Data of ONE
      • Business Segment IR Meetings
      • MOL Report
      • Business Report
    • Share & Corporate Bond
      • General Share Information
      • Dividends
      • General Meeting of Shareholders
      • Articles of Incorporation
      • Corporate Bond & Ratings
      • Analyst Coverage
      • Share Price (Euroland)
    • IR Event Calendar
    • FAQ
    • Contact IR Office
    • IR Email Updates
    • Disclamer

  • Press Release
  • Contact Us
  • Service Site

JP

Close

Top Page > Press Release 2018 > LNG Carrier CESI Lianyungang Delivered for SINOPEC LNG Transport Project - Final Vessel in Series of 6 Newbuilding LNG Carriers -

Japanese

LNG Carrier CESI Lianyungang Delivered for SINOPEC LNG Transport Project
- Final Vessel in Series of 6 Newbuilding LNG Carriers -

June 01, 2018

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced the delivery of the LNG carrier CESI Lianyungang, which was ordered by the joint venture of China COSCO Shipping Corporation Limited (CCSC) and China Petroleum & Chemical Corporation (SINOPEC), at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong) on May 31.

The CESI Lianyungang is the sixth vessel in the China LNG Transportation Project (*1) announced in April 2013, and will sail under a long-term charter transporting LNG that SINOPEC purchases from the Australia Pacific LNG Project.

This project, which built LNG carriers in China, follows the ExxonMobil LNG project, announced in March 2010 (*2) (four newbuilding LNG carriers were ordered from Hudong and delivered by April 2016). Since 2013, to ensure the safety and high quality of the newbuilding LNG carriers, MOL has assigned technical experts to Hudong and created a shipbuilding supervision team made up of multinational staff, to oversee the construction of the six LNG carriers. The newly delivered CESI Lianyungang is the final vessel in the series.

The five vessels already delivered for the project (*3) continue to provide safe, reliable service under the management of the joint ship management company (ownership: MOL 20%, CCSC and SINOPEC: 80%).

LNG, as a clean energy source, is drawing attention in China due to rising awareness of environmental issues. Last year, China overtook South Korea as the second-largest importer of LNG following Japan. China's LNG market has shown steady growth, and demand is projected to further increase in the coming years.

MOL maintains the strong, trusting relationship it has developed with its Chinese partners through these projects, and is now working with CCSC on the Yamal LNG project in Russia. MOL's LNG transport know-how is playing a key role in expanding LNG demand in China as it further strengthens its ties with the nation.

In addition, MOL is currently involved in the operation of 96 LNG carriers (including FSRUs) and vessels under construction, and aims to further expand its fleet. MOL continually strives to provide high value-added services to customers all over the glove, backed by the world's largest fleet leveraging the experience gained in many international cooperative projects.

(*1) Please refer to the press release "MOL's Participation in China LNG Transportation Project" on April 30, 2013.

(*2) Please refer to the press release "MOL Signs a Contract for Long-term Charters of LNG vessels by ExxonMobil" on March 3, 2010.

(*3) For details, please refer to the press release on November 1, 2016:
"LNG Carrier CESI Gladstone Delivered for SINOPEC LNG Project",
the press release on January 10, 2017:
"LNG Carrier CESI Qingdao Delivered for SINOPEC LNG Project",
the press release on June 2, 2017:
"LNG Carrier CESI Beihai Delivered for SINOPEC LNG Project",
the press release on September 27, 2017:
"LNG Carrier CESI Tianjin Delivered for SINOPEC LNG Project", and
the press release on February 1, 2018:
"LNG Carrier CESI Wenzhou Delivered for SINOPEC LNG Transport Project".


CESI Lianyungang

[ Outline of CESI Lianyungang ]

Length : 290.0m
Breadth : 45.60m
Draft : 11.70m
LNG Tank : Membrane type
Cargo Tank Capacity : 174,100m3
Main Engine : Dual Fuel Diesel Electric
Speed : 19.5 knots
Shipyard : Hudong-Zhonghua Shipbuilding (Group) Co., Ltd
Ship Management Company : China Energy Ship Management Co., Limited
Ownership : MOL 20%,
China Energy Shipping Investment Co., Limited(*4) 80%

(*4) JV of China COSCO Shipping 51% / SINOPEC 49%

  • Press Release
    • 2021
    • 2020
    • 2019
    • 2018
    • 2017
    • 2016
    • 2015
    • 2014
  • About MOL
  • Corporate Profile
  • Corporate Principles
  • Directors, Auditors and Executive Officers
  • Organization
  • Compliance
  • History
  • Location
  • MOL Group
  • Corporate Brochure/Video
  • MOL Services
  • Dry Bulkers
  • Tankers
  • LNG Carriers
  • Offshore Business
  • Car Carriers
  • Ferries and Coastal RoRo Vessels
  • Containerships
  • Terminal
  • Logistics
  • Cruise Ship
  • Tugboat
  • Sustainability
  • Sustainability Issues (Materiality)
  • Safe Operation
  • Technological Innovation
  • ICT Strategy
  • Environment
  • Human Resources
  • Social Contribution Activities
  • Dialogue with Stakeholders
  • External Recognition
  • MOL Report (to IR Library)
    Safety, Environmental and Social Report (Back Issues)
  • Investor Relations
  • Management Policy
  • Corporate Governance
  • Financial Information
  • IR Library
  • Share & Corporate Bond
  • IR Event Calendar
  • FAQ
  • Contact IR Office
  • IR Email Updates
  • Disclamer

Press Release

Contact Us

  • Privacy Protection Policies
  • Terms of Use
  • Sitemap

Copyright 1997- © Mitsui O.S.K.Lines All rights reserved.

PAGE TOP