MOL Group signs long-term charter for three VLECs to serve Thailand's SCG Chemicals
MOL Energia has signed a long-term charter contract for three newbuilding very large ethane carriers (VLECs) with SCG Chemicals, a wholly owned subsidiary of Thailand's Siam Cement Group Co.
The 100,000m3 VLECs will be built at Samsung Heavy Industries in South Korea and are scheduled for delivery in 2027. The vessels will be equipped with dual-fuel ethane propulsion engines to reduce greenhouse gas, sulfur oxide, and nitrogen oxide emissions compared to conventional heavy fuel oil vessels.
With this contract, the number of VLECs managed and operated by the MOL Group will increase to 12 vessels out of approximately 90 VLECs which have been delivered or are on order.
The three ships, each with dimensions of 230 metres LOA, 36.6 metres breadth and 11.9 metres of draught, feature a GTT Mark II membrane cargo hold with a 100,000m3 capacity.
