Japanese floater specialist Modec has a new major shareholder

Compatriot Mitsui OSK Lines now holds 15% of the common stock

Modec's Leopold Sedar Senghor floating production, storage and offloading vessel was built by Seatrium in Singapore. — Modec's Leopold Sedar Senghor floating production, storage and offloading vessel was built by Seatrium in Singapore.Photo: SEATRIUM

Amanda Battersby

Asia Bureau ChiefSingapore

Published 21 August 2024, 03:34Updated 21 August 2024, 07:25

Modec Mitsui OSK Lines Japan Mitsui & Co Asia & Oceania