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.

Read more: MOL and three other Japanese firms to develop fully electric vessels

Posted 7 August 2019

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Lee Hong Liang

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Asia Correspondent Lee Hong Liang has joined Seatrade as its Asia Correspondent. Based in Singapore, he will provide a significant boost to daily coverage of the Asian shipping markets, as well as bring with him an indepth, specialist knowledge of the bunkering markets. Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and the ability to write hard news and feature stories.

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