Japan’s Mitsui OSK Lines has teamed up with compatriot Marubeni Corporation to develop a LNG transshipment facility with Russian giant Novatek.

Pen met paper on a memorandum of understanding in Moscow today that aims to set up the complex in the Kamchatka area.

The plan is to establish a transshipment hub that will allow the transfer of gas from ice-breaking vessels to standard LNG carriers, MOL explains.