OMAN, MOL SIGN DEAL FOR SECOND LNG CARRIER
The government of the Sultanate of Oman, Mitsui O.S.K. Lines, and Mitsui & Co. have signed a memorandum of understanding to acquire a newly built LNG carrier.
The vessel, to be constructed by Kawasaki Heavy Industries Ltd., Japan, will be delivered in March 2004.
The Sultanate of Oman, which will time-charter the ship upon delivery, has also chartered the 'Lakshmi,' another Mitsui LNG carrier, in which the sultanate has a 40-percent equity stake.