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MOL and COSCO SHIPPING Energy Transportation ink MoU

Logistic News - Published on Fri, 09 Aug 2019

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On 6 August 2019, Mitsui OSK Lines Ltd and COSCO SHIPPING Energy Transportation Co Ltd, which is a subsidiary of China COSCO Shipping Corporation Limited, signed a MoU. The MoU recognizes and further develops the joint cooperation between the two organizations, for future LNG carrier projects and Ethane carrier projects. Through this MoU and accumulated history of cooperation over the decade, MOL and CSET, as mutual strategic partner to each other, continue to lead and contribute to the development of LNG and Ethane transportation industry.

Over more than 10 years, MOL and CSET have established a strong and extensive partnership, which MOL and CSET jointly participate in various ongoing projects, namely the ExxonMobil DES Project, Australia Pacific LNG Project and Yamal LNG Project.

At the same time, MOL and CSET are aiming to develop and deepen the partnership through the joint participation for the new opportunities of upcoming LNG and Ethane carrier projects.

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Posted By : Mohan Sharma on Fri, 09 Aug 2019
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