DSME and MOL to forge deals for huge LNG floating storage units for Russian Arctic

Contracts are expected to be signed shortly between DSME and Japanese shipowner Mitsui OSK Lines to build up to four massive floating storage units.

The vessels will be used to develop ­Russia’s LNG trade through the Northern Sea Route (NSR).

TradeWinds understands the final details are being agreed for two firm 360,000-cbm FSU newbuildings and a pair of optional units.