Methanex and mitsui o.s.k. lines announce agreement on key commercial terms for a strategic partnership

Vancouver, british columbia and tokyo, july 15, 2021 (globe newswire) -- methanex corporation (tsx:mx) (nasdaq:meoh) (methanex) and mitsui o.s.k. lines, ltd. (tse:9104) (mol) are pleased to announce that the parties have concluded key commercial terms for the purchase and sale of an equity position in, and the establishment of a strategic partnership involving, methanex's waterfront shipping (wfs) subsidiary. with a fleet of approximately 800 vessels, mol is one of the world's largest shipping companies. wfs is a global marine transportation company and operates the world's largest methanol ocean tanker fleet.
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