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MOL, Cosco Shipping Energy Transportation ink pact for LNG and ethane carrier projects

Japan’s Mitsui OSK Lines (MOL) and China’s Cosco Shipping Energy Transportation (CSET) have signed a memorandum of understanding to further cooperate in LNG carrier and ethane carrier projects.

MOL and CSET already have an existing partnership going back more than 10 years, where they have jointly participated in various projects such as the ExxonMobil DES Project, Australia Pacific LNG Project, and Yamal LNG Project.

The latest MoU will allow MOL and CSET to develop and deepen the partnership through joint participation for new opportunities of upcoming LNG and ethane carrier projects.

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