MOL announced that on December 19, a naming ceremony for the second newbuilding LNG Carrier to serve GAIL (India) Limited (Head Office: New Delhi), the largest natural gas supplier under India’s Ministry of Petroleum and Natural Gas, was held at the Okpo Shipyard of Hanwha Ocean Co. (Head Office: South Korea).

A large crowd was on hand at the ceremony as the vessel was named the GAIL URJA by God Mother Ms. Shakun Gupta who is the spouse of Mr. Sandeep Kumar Gupta – GAIL Chairman & Managing Director. Also Mr. Sanjay Kumar – GAIL Director of Marketing graced the occasion.

After delivery, the vessel is heading towards US for its first loading. The vessel will be engaged mainly in LNG transport from North America to India under a time charter contract with GAIL.

In the course of developing business throughout Asia, which MOL has identified as a growth region under the regional strategy, based on its management plan “BLUE ACTION 2035,” India is the country where MOL has taken the initiative first and is steadily improving its performance. The company continues to strengthen its presence and business foundation in India, where energy demand is expected to increase. It will also step up its efforts in India to offer high-quality LNG transport services that precisely meet customer needs by leveraging the know-how and network it has accumulated as a global leader in LNG carrier ownership, operation, and ship management.

[Profile of GAIL URJA]

Main dimensions LOA: 294.9m/Beam: 46.3m

Hull type 174,000 ㎥ membrane type

Main engine ME-GA

Shipyard Hanwha Ocean

Ship management company Northern Marine Management Limited