Environment and Energy

Northern Lights Proceeds with Fleet Expansion with MISC and K Line

Northern Lights completed a second charter agreement with MISC Group and K Line for two new LCO2 vessels to be built at Dalian Shipbuilding in China. The contracts were finalized in March and May 2026, with deliveries expected in the second half of 2028 and continuing into 2029. The new vessels will have a capacity of 12,000 cbm, nearly double the 7,500 cbm of the first four ships, supporting the company's expansion toward 5 million tons per year capacity by late 2028.