The vessels, of the Very Large Ethane Carriers (VLECs) class, will be used by an ONGC subsidiary, ONGC Petro Additions Ltd (OPaL), to import ethane, a key chemical used in the petrochemical industry.

ONGC has signed a strategic agreement with Japan’s Mitsui O.S.K. Lines (MOL) to build and operate very large ethane carriers ...