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日本海事新聞ニュース Japan Maritime Daily Jan 29, 2026 (Thu)

MOL Secures Long-Term Charters for VLEC and LNG Vessels with Indian State-Owned Firms

Signing ceremony for two charter contracts
 On January 28, MOL announced that it had signed long-term charter contracts with two Indian state-o ・・・ %E3%80%80On+January+28%2C+%3Cb%3EMOL%3C%2Fb%3E+announced+that+it+had+signed+long-term+charter+contracts+with+two+Indian+state-owned+companies+for+two+liquefied+ethane+carriers+%28VLECs%29+and+one+LNG+%28liquefied+natural+gas%29+carrier.+The+VLEC+fleet+will+expand+to+16+vessels%2C+the+largest+in+the+world.+The+%3Cb%3EMOL%3C%2Fb%3E+Group+has+positioned+India%2C+a+region+experiencing+rapid+economic+growth+in+Asia%2C+as+a+key+region+and+has+focused+on+developing+the+country%E2%80%99s+demand+for+energy+transportation.+These+contracts+will+increase+the+number+of+energy+transport+ships+bound+for+India+to+approximately+40%2C+including+the+remaining+orders.+%3Cbr%3E+%3Cbr%3E%E3%80%80The+series+of+contracts+were+signed+in+conjunction+with+India+Energy+Week+2026%2C+an+international+energy+exhibition+held+in+Goa%2C+India+from+January+27+to+30.+%3Cbr%3E%E3%80%80The+contracts+were+signed+with+ONGC+%28Oil+and+Natural+Gas+Corporation%29%2C+a+state-run+Indian+oil+and+natural+gas+company%2C+for+the+two+VLECs%2C+and+with+GAIL+%28India%29%2C+a+gas+company+under+the+Ministry+of+Petroleum+and+Natural+Gas+and+the+largest+gas+supplier+in+India%2C+for+the+LNG+carrier.+The+charter+contract+period+for+the+two+VLECs+is+15+years%2C+while+the+period+for+the+LNG+carrier+is+undisclosed.+%3Cbr%3E%E3%80%80%3Cb%3EMOL%3C%2Fb%3E+has+also+signed+a+contract+with+Samsung+Heavy+Industries+of+South+Korea+to+build+two+100%2C000-cubic-meter+VLECs.+%3Cb%3EMOL%3C%2Fb%3E+and+ONGC+will+jointly+own+the+two+vessels%2C+which+will+be+delivered+after+the+end+of+2028+for+transporting+ethane+from+the+United+States+to+India.+%3Cbr%3E%E3%80%80%3Cb%3EMOL%3C%2Fb%3E+and+ONGC+have+established+two+joint+ventures+to+own+VLECs+within+the+Gujarat+International+Finance+Tec-City%2C+a+special+economic+zone+in+Gujarat%2C+India.+The+two+ships+are+flagged+in+India.+%3Cbr%3E%E3%80%80%3Cb%3EMOL%3C%2Fb%3E+became+the+world%E2%80%99s+first+VLEC+operator+in+the+ethane+transport+business+in+2016%2C+and+has+since+built+up+a+track+record+in+managing+and+operating+VLECs.+The+company%E2%80%99s+track+record+in+liquefied+gas+carriers%2C+including+VLECs%2C+and+its+business+experience+in+India%E2%80%99s+special+economic+zones+were+highly+evaluated%2C+leading+to+this+long-term+charter+contract.+%3Cbr%3E%E3%80%80A+long-term+charter+contract+has+been+signed+with+GAIL+for+the+180%2C000-cubic-meter+LNG+carrier+%E2%80%9CGAIL+BHUWAN.%E2%80%9C+The+ship+is+owned+by+a+joint+venture+between+%3Cb%3EMOL%3C%2Fb%3E+and+GAIL+and+has+been+under+contract+with+GAIL+since+its+completion+in+2021.+%3Cbr%3E%E3%80%80%3Cb%3EMOL%3C%2Fb%3E+is+increasing+the+proportion+of+stable-profit+businesses+and+is+transforming+its+business+portfolio+into+one+whose+profits+are+less+affected+by+fluctuations+in+the+shipping+market.+As+part+of+this%2C+the+company+is+investing+heavily+in+LNG+carriers+and+ethane+carriers%2C+and+is+promoting+the+expansion+of+long-term+contracts+that+are+expected+to+generate+stable+profits.+%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E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