MOL fixes VLEC newbuilds – Splash247

Japanese shipowner MOL has chartered three VLECs from Samsung Heavy Industries for delivery by December 2027 at $168m each, with SCG Chemicals as the long-term charterer. These vessels will feature dual-fuel ethane propulsion engines to reduce emissions, expanding MOL’s presence in the VLEC sector to 12 vessels out of 90. Additionally, MOL has three VLECs under construction at HD Hyundai Heavy Industries yard for delivery in the first half of 2027, tied to charter contracts with Reliance Industries.

Full Article