Kawasaki Kisen Kaisha (K Line) has joined compatriots Nippon Yusen Kaisha (NYK) and Mitsui OSK Lines (MOL) in inking a long-term time charter contract with Mitsui & Co for the Cameron LNG project in the US.
K Line said it would be building a 178,000 cu m capacity LNG carrier at Imabari Shipbuilding for the 25-year contract. The vessel will be owned by Trinity LNG Transport a joint venture between K Line, Mitsui and Imabari.
Delivery of the vessel is expected in 2020 and it will be managed by K Line LNG Shipping (UK).
Both NYK and MOL also have contracts with Mitsui for the Cameron project and orders for two LNG carriers were placed at Mitsubishi Heavy Industries in January this year.
Source: http://www.seatrade-global.com/
