MOL, CSET strengthen LNG carrier cooperation

MOL, CSET strengthen LNG carrier cooperation
Image courtesy of MOL

Japan’s Mitsui O.S.K. Lines (MOL) and COSCO Shipping Energy Transportation, a China COSCO Shipping Corporation unit, signed a memorandum of understanding to cooperate on LNG and ethane carrier projects.

Over more than 10 years, MOL and CSET have established a partnership, through which MOL and CSET jointly participate in various ongoing projects.

These include the ExxonMobil DES project, Australia Pacific LNG project and Yamal LNG project, the two companies said in a statement.

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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