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Markets :: Basic Chemicals :: Petrochemicals :: Methanol

Mitsui OSK to build four carriers for charter to Methanol Holdings Trinidad

10:38 AM MST | February 14, 2014 | Natasha Alperowicz

Mitsui OSK Lines (MOL; Tokyo) announced today that it has signed a contract with Methanol Holdings (Trinidad) to build and charter four methanol carriers. The new contract will play an important role in MOL’s strategy to strengthen the long-term business as well as enabling the company to renew its methanol fleet by replacing older vessels with ships featuring the most advanced designs, MOL says.   Methanol Holdings (Trinidad) is a leading global producer of methanol, urea ammonium nitrate, melamine, and ammonia. Its methanol capacity in Trinidad is...

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