Rotterdam-headquartered terminals group Vopak has torn up an agreement to enter shipowning with Japan’s Mitsui OSK Lines (MOL).
The company said in 2021 it would buy a 49.99% stake in the world's biggest floating storage and regasification unit (FSRU), the 263,000-cbm Bauhinia Spirit (ex-FSRU MOL Challenger, built 2017).
But Vopak said on Tuesday it has “decided to no longer pursue the acquisition”.
