
MOL to Manage Ethane Carriers for ONGC’s Gujrat Operations
Japanese shipping giant Mitsui O.S.K. Lines (MOL) is partnering with Oil and Natural Gas Corporation (ONGC) to build and operate two very large ethane carriers (VLECs), ensuring stable feedstock supply for ONGC Petro Additions Ltd. (OPaL) in Dahej, Gujarat. Each carrier will cost approximately $370 million, with delivery expected by mid-2028.