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MOL to invest 520b yen in LNG tanker business by 2020

It aims to increase number of carriers to 120 from 66 now

[TOKYO] Japan's second-largest shipping company, Mitsui OSK Lines Ltd (MOL), plans to invest 520 billion yen (S$6.3 billion) in the liquefied natural gas (LNG) tanker business over the next six years in a bid to expand growth.In a new mid-term business plan unveiled on Monday, the Tokyo-based