MOL, CSET, DMU & HZ Hosts Shanghai LNG Forum 2019 Jointly On Aug 7
It has been announced by Mitsui O.S.K. Lines, Ltd. (MOL) that on August 7, 2019, it has jointly hosted the Shanghai LNG Forum 2019(the forum) with COSCO SHIPPING Energy Transportation Co., Ltd. (CSET), Dalian Maritime University and Hudong-Zhonghua Shipbuilding Group (HZ).
Last year’s “Shanghai LNG Forum 2018” was held where participants from many leading companies in the LNG industry exchanged business outlook. knowledge and opinions.
This time, “green, safety, development and win-win,” were the keywords carried by the forum and it provided an opportunity for jointly building a platform for expanding LNG business and promoting industrial strategical understandings among the attendees.
About 170 people attended the forum, where speeches and presentations were made by leaders from global leading companies or organizations. Ethane transportation and floating storage and regasification unit (FSRU) technologies as well were discussed apart from LNG business or its supply and demand.
MOL jointly owns and operates 17 LNG carriers (including those in the planning stage) for the ExxonMobil project*2, Australian Pacific LNG Project*3, and Yamal LNG Project*4. 14 of them were and will have been constructed at the shipyard of HZ in Shanghai, China in partnership with COSCO SHIPPING LNG Investment (Shanghai) Co., Ltd, a subsidiary of CSET. Furthermore, MOL and CSET have just signed a Memorandum of Understanding, for extending partnership and mutual cooperation on future LNG and ethane projects*5.
With the deepening relationships between Chinese partners, which also includes those newly established through this forum, and the know-how which has been gained from the existing LNG projects, MOL continues to contribute to further growth of the LNG business in China.