Foresight forges partnership with MOL to handle imports of LNG to Andaman archipelago

Ravi Mehrotra’s Foresight Group has created a 50:50 joint venture with MOL to bid on a contract to handle the import of LNG to India’s Andaman Islands.

Mehrotra’s planned move into LNG forms part of an expansion strategy for the group that includes buying and trading short-term older VLCCs.

Foresight Group’s 25th winter feast draws 500 guests

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Foresight’s executive chairman told TradeWinds that the Japanese partnership is seeking to secure a deal to provide an LNG carrier to import volumesto the Andaman Islands.