Japanese shipowner Mitsui OSK Lines has inked a long-term time-charter deal with compatriot utility Tokyo Gas Co’s shipping arm.

MOL said it has signed a charter with Tokyo LNG Tanker on a 174,000-cbm LNG carrier newbuilding.

The vessel, which is on order at Hanwha Ocean and is being fitted with an ME-GA propulsion system, is due for delivery in 2026.