Itochu, Mitsui and Oman to form joint ownership
According to reports, second largest shipping company of
Japan Mitsui OSK Lines (MOL), Japanese
trading company Itochu Corp. and
Oman Shipping Company recently signed an agreement for joint ownership and operation of Oryx LNG Carrier S.A. which is a liquefied natural gas (LNG) vessel operator.
As per the agreement signed early last week, Itochu and MOL will be holding 20% each and
Oman Shipping 60% of the company. The capacity of the LNG vessel is reportedly 145'000 m3.