MOL & Methanex Announce Closing of Strategic Partnership


Methanex Corporation and Mitsui O.S.K. Lines (MOL) have announced the completion of the strategic partnership involving Methanex’s Waterfront Shipping (WFS) subsidiary, reads a MOL press release.

Methanex retains majority

As previously reported, MOL announced the 40% share acquisition for approximately $140 million in July 2021.

Methanex will retain the remaining 60% majority interest in WFS and continue to operate WFS as a key element of its global supply chain capabilities,’ the companies confirmed.

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Source: MOL


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