MOL to acquire minority stake in Waterfront Shipping

Creole Sun is one of Waterfront Shipping's methanol carriers with main engines using methanol (credit: Waterfront Shipping)

Mitsui O.S.K. Lines, Ltd. (MOL) has signed a strategic cooperation agreement with the Methanex Corporation, the companies announced on 16 July. As part of the agreement, MOL has acquired a 40% stake in Methanex''s Waterfront Shipping subsidiary.

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