Initial details are being quoted for the charter hire period, cost and size of the 16 newbuildings that are expected to be inked shortly for Total’s Mozambique LNG project.

Brokers following the vessels said Mitsui OSK Lines and K Line are each expected to sign up to four 170,000-cbm LNG carriers at Hyundai Heavy Industries.

Maran Gas Maritime and NYK Line are due to sign contracts on four 176,000-cbm ships each at Samsung Heavy Industries.