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Tagged in Very Large Ethane Carrier

MISC enters global ethane market with six-vessel purchase

MISC announced on Wednesday (Jul15) that the Company has entered into Memorandum of Agreements (MOAs) with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochemical Co. Ltd., for the purchase of six newbuild 98,000 cubic meters Very …

Jul 16, 2020 / Vessels

American Ethane reveals plans to order 17 VLECs

Houston-based American Ethane announced plans to order 17 very large ethane carriers at Gastech in Houston on 17 September. The 150,000 cbm capacity VLECs will be ordered from Chinese shipyards Hudong-Zhonghua and Jiangnan, both of which received …

Sep 20, 2019 / Vessels

ABS and MOL Sign MOU to Build up to 14 Next Generation Gas Carriers

ABS and Mitsui O.S.K. Lines Ltd. (MOL) have signed a Memorandum of Understanding (MOU) to collaborate on up to 14 new gas carriers.The agreement covers seven new-build Very Large Ethane Carriers (VLEC) and up to seven new-build Liquefied Natural Gas …

Jul 15, 2019 / Curious

MOL co-own world 6 largest Liquified Ethan Carrier with Reliance

Mitsui O.S.K. Lines Ltd, (MOL), with Head office located at Minato-ku, Tokyo, Japan and Reliance Ethane Holding Pte. Ltd. (REHPL) a 100% subsidiary of Reliance Industries Ltd (RIL) (*1) and based in Singapore agreed to co-owning of 6 Very Large …

Apr 24, 2019 / Curious

Mitsui O.S.K. Lines Ltd. to acquire strategic stake in six group companies (each owning a Very Large Ethane Carrier) of RIL

Reliance Ethane Holding Pte. Ltd. (REHPL) (incorporated in Singapore, a wholly owned subsidiary of Reliance Industries Limited (RIL), having 100% holding in six limited liability companies (LLCs) which own Very Large Ethane Carriers (VLEC), Mitsui …

Apr 19, 2019 / Finance