Mitsui O.S.K. Lines (MOL) has named the world’s largest FSRU, the MOL FSRU Challenger, at the Okpo shipyard of Daewoo Shipbuilding & Marine Engineering in South Korea.
The MOL FSRU Challenger boasts a length of 345 meters (1,132 feet), breadth of 55 meters (180 feet), LNG storage capacity of 263,000m3 and Regas discharging capacity of 540 million m3/day. It is registered under the Bahamas Flag.
The MOL FSRU Challenger, is the first one that MOL will independently build, own and operate. It will provide storage and regasification services to a project in Turkey after delivery in October. Operation is slated to commence this year.
MOL says it is also moving into the LNG secondary transport and LNG fuel supply business in Asia and Central and South America where it anticipates rising demand for LNG. MOL will promote the FSRU business as one of world’s largest LNG carrier operators and the only Japanese FSRU owner and operator.
Last month, MOL announced its decision to participate in an FSRU project in India. MOL will invest in Swan LNG and participate in many facets of the project as technical partner. The terminal is slated to start operation in early 2020.