Commercially viable long-term offtake agreement for annual volumes of 500KT to enable low carbon operations for the first 12 large methanol-enabled Maersk vessels on order.
MidOcean Energy is a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors.
The company will provide three fuel supply systems to Terntank with other orders in the pipeline as the shipping industry ramps up its transition to future fuels