ShippingWatch

MOL establishes new tanker company with partner

Japan's MOL has partnered with carrier Asahi Tanker to establish a new company, which will operate a pool of tanker vessels. The collaboration will operate an owned fleet of more than 20 vessels.

Photo: Arkivfoto/Colourbox

Japanese carrier Mitsui O.S.K Lines (MOL) has entered a partnership with carrier Asahi Tanker to establish a new company, which will operate a pool of MR tanker vessels.

According to a press release issued by MOL, the new carrier will be named Asahi MOL Tankers Ltd, and will be headquartered on the Marshall Islands. Operations will begin as of today, according to the press release.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

OECD downgrades growth forecast for global economy

The global economy is still growing, though it's losing momentum, according to the latest growth estimate of the OECD's Economic Outlook. Bottlenecks in the shipping sector and elsewhere as well as pressure on supply chains have contributed to rising inflation.

Norden reshuffles management and dials up growth ambitions

Norden establishes a new business structure and a new senior management team. This will entail increased growth in the carrier's tanker pool and investments in port logistics for an annual USD 20-40 million, CEO Jan Rindbo tells ShippingWatch.

Further reading

Related articles

Latest news

See all jobs