2006 October 17   09:01

MOL orders 4 VLGCS

JAPANESE shipping group Mitsui OSK Lines has ordered four VLGCs and is also to take an additional three such vessels on long term charter.

It has ordered three 80,000 cu m ships at Mitsubishi Heavy Industries and one 82,000 cu m ship at Kawasaki Shipbuilding Corporation.

The company has also signed long-term charter contracts with Hong Kong-based CIDO Shipping Limited for three additional 82,000 cu m VLGCs, which will be built in Korea, at Hyundai Heavy Industries Co

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