ABS, MOL cooperate to build up to 14 next-gen gas carriers

ABS and MOL informed that they have signed a Memorandum of Understanding to collaborate on up to 14 new gas carriers. The agreement regards seven new-build Very Large Ethane Carriers (VLEC) and up to seven new-build Liquefied Natural Gas Carriers (LNGC) designed to carry gas from the US to China and other global markets.