 VANCOUVER, British Columbia and TOKYO, July 15, 2021 GLOBE NEWSWIRE -- Methanex Corporation TSX:MX NASDAQ:MEOH Methanex and Mitsui O.S.K. Lines, Ltd. TSE:9104 MOL are pleased to announce that the parties have concluded Key Commercial Terms for the purchase and sale of an equity position in, and the establishment of a strategic partnership involving, Methanexs Waterfront Shipping WFS subsidiary. With a fleet of approximately 800 vessels, MOL is one of the worlds largest shipping companies. WFS is a global marine transportation company and operates the worlds largest methanol ocean tanker fleet. 