MOL extends contract on LNG carrier with Russia’s Sakhalin-2 project

Japanese shipowner Mitsui OSK Lines has signed a fresh long-term charter of an existing LNG carrier with the new Russian operator of the Sakhalin-2 LNG project effectively extending the ship’s work with the liquefaction scheme.

MOL named the vessel as the 147,200-cbm Grand Mereya (built 2008) in which it has a 60% lead shareholding. Compatriot owner K Line holds the balance in the vessel.