LNG

June 29 (LNGJ) - Mitsui OSK. Lines signed a long-term charter contract for two new LNG carriers with cargo buyer Kansai Electric Power. MOL also concluded contracts to build one ship at the Kawasaki Heavy Industries yard in Japan and the other at Mitsubishi's shipyard. The ships are scheduled for launching by 2017. The first vessel is a Moss-type carrier with 164,700 cubic metres capacity. It will be the largest ship in its class that can pass through the expanded Panama Canal. The second carrier will have 155,300 cubic metres capacity, and will feature a continuous cover over its four Moss spherical tanks.