MOL, Hiroshima Gas form joint LNG company

MOL, Hiroshima Gas form joint LNG company    Mitsui O.S.K. Lines Ltd. has formed a joint venture company with Hiroshima Gas Co. Ltd. to transport liquefied natural gas.
   The new company is called Maple LNG Transport Inc., with MOL and Hiroshima Gas each holding a 50 percent share.
   Since its formation, Maple has ordered a 19,100 cm3 LNG carrier from Kawasaki Shipbuilding Corp., slated for completion in September 2007, and signed a 20-year charter contract with HG LNG Shipping Corp., a wholly owned subsidiary of Hiroshima Gas.
   MOL said that, including ships under construction, it has 62 LNG carriers, three of which are 20,000-ton class vessels.
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