MOL charters LNG carrier newbuild to Inpex

Japan’s shipping giant MOL has signed a long-term charter deal for one 174,000-cbm newbuild LNG carrier with compatriot Inpex.

MOL and Inpex announced the long-term charter agreement in separate statements on Friday.

The two firms signed the deal via their units Inpex Shipping and MOL Encean.

However, the firms did not provide further details regarding the charter.

This is the first LNG carrier to sail under a long-term charter contract with Inpex, MOL said.

The LNG carrier is currently under construction at South Korea’s Hanwha Ocean’s Geoje yard, and is scheduled for completion this month.

A naming ceremony for the ME-GA LNG carrier Harmonic Breeze took place at the yard, attended by officials from MOL and Inpex.

MOL charters LNG carrier newbuild to Inpex
Image: MOL

According to VesselValu data, MOL ordered this LNG carrier and another vessel from Hanwha Ocean (formerly DSME) in 2022 for $214.3 million per vessel.

The data suggests that the Harmonic Breeze charter is for 10 years.

The vessel is 294.9 meters long and 46.4 meters wide.

In addition, the vessel is equipped with an air lubrication system and a shaft generator as environmental impact reduction systems.

Inpex said the addition of the carrier to its fleet will further strengthen the reliability of the company’s LNG transportation system serving its LNG portfolio.

This, in turn, will support the expansion of Inpex’s LNG business—one of the three growth pillars identified in its vision 2035 announced in February 2025—by enhancing LNG trading capabilities and enabling more flexible LNG supply, the company said.

Inpex operates the Ichthys LNG plant in Australia and is working on the Abadi LNG project in Indonesia.

The company also operates the Naoetsu LNG import terminal in Niigata, Japan, and has stakes in other LNG export projects.

Most Popular

Top 5 news of the week July 6-12

LNG Prime brings you the five most popular news stories on our platform during the week of July 6-12, 2026.

Chevron pens Western Australian gas supply deal with Alinta

Chevron’s Australian unit has signed a new long-term deal with Alinta Energy to deliver domestic natural gas from its Gorgon and Wheatstone LNG projects and the Woodside-led NWS JV.
spot_img

More News Like This

Adnoc, Inpex seal 15-year Ruwais LNG SPA

UAE’s Adnoc has signed a 15-year sales and purchase agreement with a unit of Japan's Inpex to supply the latter with LNG from its terminal in Al Ruwais.

Inpex buys 85 percent stake in Malaysian block from TotalEnergies

Japan's energy firm and LNG operator Inpex has acquired an 85 percent interest in Block 2E offshore Malaysia from French energy giant TotalEnergies.

MOL inks European bio-LNG deals

Japan’s shipping giant MOL has signed new supply agreements with Titan, part of Molgas, and Axpo to expand the use of bio-LNG fuel for its LNG-fueled car carriers in Europe.

MOL, Cosco Shipping name LNG carrier in China

China’s Hudong-Zhonghua has hosted a naming ceremony for a new 174,000-cbm LNG carrier built for Japan’s MOL and Cosco Shipping’s unit CSLNG.