<p>Japanese shipping giant Mitsui OSK Lines (MOL) has increased its stake in fellow floating production storage and offloading (FPSO) specialist Modec, becoming its largest shareholder. MOL, which has been focusing on expanding its non-shipping business, including offshore, as part of its “BLUE ACTION 2035” scheme, said the move would make Modec its equity-method affiliate. The &#8230;</p> </p><p><p>https://splash247.com/mol-becomes-top-shareholder-in-fpso-expert-modec/</p></p>