MOL Energia Signs Long-time Charter Contracts for 2 Additional Newbuilding VLECs to SCG Chemicals, leading integrated chemical player in ASEAN
Japan, March 17 -- Mitsui O.S.K. Lines, Ltd. (MOL) announced that on March 17, its group Company MOL Energia Pte. Ltd., signed long-term charter contracts with SCG Chemicals (SCGC), a wholly owned subsidiary of the Siam Cement Group (SCG), a leading integrated chemical player in ASEAN, for two very large ethane carriers (VLECs), in addition to three vessels already contracted on January 24.Of the approximately 90 dedicated liquefied ethane carriers currently in service or on order worldwide, this deal will bring the number of VLECs managed and operated by the MOL Group to 14.Samsung Heavy Industries Co. in South Korea will build two more 100,000m3 VLECs for delivery in 2028, along with the vessels contracted in January. The vessels are equi...
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