Reliance enlists Mitsui to ship North American ethane to India crackers
12/30/2014 12:00:00 AM
Reliance has signed shipping agreements with Mitsui O.S.K. LINES (MOL) for transporting liquefied ethane from North America to India, the company confirmed today.
MOL will supervise the construction of six very-large ethane carriers (VLECs), ordered by Reliance.
MOL will also operate and manage the vessels after they are built and delivered.
With this strategic tie-up with MOL, Reliance says it has achieved a key milestone for the successful implementation of the company's ethane import project to feed crackers in India.
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