Mitsui OSK Lines (MOL) has reportedly signed up for a new LPG carrier in Japan.

Its Phoenix Tankers subsidiary has put pen to paper for an 82,000-cbm vessel, brokers said.

Kawasaki Heavy Industries' Sakaide yard will deliver the unit in December 2019.

No price has been revealed.

Phioenix is based in Singapore and already has three LPGCs of around 80,000 cbm, plus two VLCCs and three aframaxes.