MOL holds naming ceremony for newbuilding dual-fuel VLCC

This will be delivered by the end of 2025.

Mitsui O.S.K. Lines, Ltd. (MOL) has announced that its group company, MOL Energia Pte. Ltd. has held a naming ceremony for the newbuilding very large crude carrier (VLCC) Energia Viking.

In a statement, MOL said the vessel is for international energy company Equinor ASA. This is the first liquified natural gas (LNG) dual-fuel VLCC delivered by the MOL Group and sailing under a charter contract with Equinor.

The Energia Viking is equipped with an LNG fuel tank with a capacity exceeding 10,000 cubic metres, enabling long-distance transportation and allowing for flexible transport plans. This also introduces a third place onboard called "IKOI", which serves as a relaxing space distinct from both living places and working areas.

The vessel has a deadweight tonnage of about 309,000 tonnes and a breadth of 60.0 metres.

MOL targets to deliver this by the end of 2025.

MOL has established the "MOL Group Environmental Vision 2.2" and set a target of achieving net-zero greenhouse gas (GHG) emissions by 2050.

“To achieve sustainable decarbonisation in the LNG shipping industry, the company is proactively adopting LNG as a low-carbon fuel through an immediate approach, aiming to deploy 90 LNG/methanol-fueled vessels by 2030.

The company is developing around 40 LNG-fueled vessels, including the Energia Viking, and six VLCCs are scheduled to be delivered one after another starting in 2025. Three of those VLCCs, including the Energia Viking, are slated to operate under a charter agreement with Equinor.