MOL completed the investment in HIF Global.

MOL, an international shipping company, completed the investment in HIF Global, an international electrofuel company. Financial terms were not disclosed. “As one of the largest shipping companies, MOL is pivotal to the global accessibility of e-Methanol. We welcome MOL to the HIF partnership as we build a strategic value chain delivery capability that supplies decarbonization and a greener future from low cost production areas to market centers worldwide. Together we develop the capability to produce e-Fuels and deliver them to our customers on MOL’s fleet of carriers,” Cesar Norton, HIF Global President and CEO.