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MOL takes delivery of methanol-fuelled methanol carrier “Cypress Sun” in South Korea

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Vessel will be chartered by MOL from Osaka Shipping Co., Ltd. and Waterfront Shipping Company Limited will charter the vessel from MOL under a long-term contract.
MOL2

Mitsui O.S.K. Lines, Ltd. on Thursday (19 January) said a ceremony for the naming and delivery of the Cypress Sun, a dual-fuel methanol carrier that can run on either methanol or conventional heavy fuel oil, was held on 17 January at Hyundai Mipo Dockyard in Ulsan, South Korea. 

The vessel will be chartered by MOL from Osaka Shipping Co., Ltd. and Waterfront Shipping Company Limited (WFS) will charter the vessel from MOL under a long-term contract.

MOL2

The vessel is a sister ship to the Capilano Sun, which was delivered in 2021 and also chartered by MOL to WFS.

MOL operates one of the world’s largest fleets of methanol carriers, with a total of 19, (including Cypress Sun), and it has been expanding the number of dual-fuel vessels, which can run on methanol, since 2016. 

Currently, MOL operates five of the 23 methanol dual-fuel tankers in service worldwide, including Cypress Sun.

 

Photo credit: Mitsui O.S.K. Lines, Ltd.
Published: 20 January, 2023

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