Delivery of the Shuttle and Regasification Vessel "GDF SUEZ NEPTUNE"

London, United Kingdom (PressExposure) December 11, 2009 -- The first shuttle and regasification vessel (SRV) co-owned by Höegh LNG (President: Sveinung Støhle ) and Mitsui O.S.K. Lines, Ltd. (MOL, headquarters: Tokyo; President: Akimitsu Ashida) was completed at Samsung Heavy Industries in South Korea, and was delivered to the GDF Suez group on November 30, 2009. It will serve on a long-term charter contract between the parties.

- GDF SUEZ NEPTUNE is the first of two SRVs which was constructed in order to provide LNG transportation services to the Neptune LNG Deep Water Port off the coast of Gloucester, Massachusetts, USA - to be commissioned in early 2010 - as well as other GDF SUEZ's projects around the world.

- GDF SUEZ NEPTUNE received the "Green Passport" from Det Norske Veritas (DNV) certifying the environmental considerations taken when constructing, operating and ultimately disposing of the vessel.

The vessel, which is the first SRV owned by the Japanese shipping company, is a part of Mitsui O.S.K. Line's strategy of satisfying the diversified needs of the market by providing a broad range of LNG transportation services.

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NOTES TO EDITORS:


MOL is one of the world’s largest multi-modal transport companies, operating 861 vessels and employing a workforce in excess of 9,200 worldwide. MOL operates one of the largest and most diverse networks of liner and logistics services around the globe, including weekly Transpacific, Transatlantic, Americas and Asia-Europe services. Please visit the company’s website at http://www.MOLpower.com.


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Michihiko Nakano, General Manager
LNG Carrier Division, LNG Carrier Group (C)
Tel: 81-3-3587-7569
Fax: 81-3-3587-7737
E-mail:lgcmo@mail.mol.co.jp

Press Release Source: http://PressExposure.com/PR/Image_Line_Communications.html

Press Release Submitted On: December 10, 2009 at 11:07 am
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