MOL acquires 20% stake in Dutch chemical logistics firm

Japan’s Mitsui OSK Lines (MOL) announced that MOL Chemical Tankers has acquired a 20% stake in Rotterdam-headquartered chemical logistics firm Den Hartogh Holding from Den Hartogh Beheer.

The acquisition deal will allow MOL Chemical Tankers to further develop a mutual global customer network and strengthen its competitiveness as service providers of global liquid chemical logistics.

The next step after the acquisition deal will see MOL Chemical Tankers and Den Hartogh sign a partnership aimed at jointly expanding the global logistics company for transportation of liquefied chemical products comprising tank containers, parcel chemical tankers and a tank terminal.

MOL Chemical Tankers currently operates a fleet of more than 80 parcel chemical tankers.

Den Hartogh operates over 19,000 tank containers transporting liquid chemicals and gas, while also handling 7,000 box containers for the polymer and food industry.

newsletter

Posted 18 February 2019

© Copyright 2019 Seatrade (UBM (UK) Ltd). Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Seatrade.

Lee Hong Liang

Asia Correspondent

Seatrade Offshore Marine Workboats stacked

Seatrade Offshore Marine and Workboats Middle East

Madinat Jumeirah, Dubai • 23 – 24 September 2019

Join nearly 3,000 powerful personalities and alight at the meeting point for the global offshore marine, specialist vessel and workboat industry.

Exhibitor Opportunities >