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MOL Wins Newbuilding Project from AMPCO


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2014-02-19 11:33:15 - Mitsui O.S.K. Lines, Ltd. today announced that company has received a newbuilding charter contract for two methanol carriers from Atlantic Methanol Production Company LLC (AMPCO; President: Paul Moschell) based on an offer tendered in 2013.

TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that company has received a newbuilding charter contract for two methanol carriers from Atlantic Methanol Production Company LLC (AMPCO; President: Paul Moschell) based on an offer tendered in 2013. The vessels will be built at Minaminippon Shipbuilding Co., Ltd. (President: Kotaro Ikebe) and engaged in methanol transport for AMPCO.

The ships will operate under a long-term charter and the new contract will play a vital role in MOL’s strategy of strengthening long-term business.


AMPCO, based in Equatorial Guinea, is a leading methanol producer, and the new vessels are expected to serve on trades from Equatorial Guinea to various ports in Europe and the United States. Backed by expanding global demand for

methanol, MOL will continue expanding its services to meet the needs of a wide variety of customers by leveraging its accumulated experience and know-how as one of the world's largest methanol carriers.


About AMPCO
Atlantic Methanol Production Company LLC (AMPCO) operates one of the largest and lowest-cost methanol plants in the world. AMPCO is located in Equatorial Guinea, West Africa, and has been producing chemical-grade methanol from natural gas produced off of Bioko Island since 2001.



For more information, please contact:
Akira Sasa, General Manager
Tanker Project Group, Tanker Division
Mitsui O.S.K. Lines, Ltd.
Tel: +81-3-3587-7089
Fax: +81-3-3587-7758
E-mail: prjmo@molgroup.com





Press Information:
MOL

Image Line Communications Ltd.
1A Zetland House
5-25 Scrutton Street
London EC2A 4HJ

Contact Person:
Sam Jude
PR Manager
Phone: +44 0 20 7689 9009
email: email

Web: www.imageline.co.uk

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