MOL to Establish ‘Asahi MOL Tankers’ for Pool Operation of MR Product Tankers

A sign of Japanese shipping company Mitsui O.S.K. Lines is seen at the company's head office in Tokyo July 20, 2009. REUTERS/Stringer

Mitsui O.S.K. Lines, Ltd. (MOL) announced that MOL and Asahi Tanker Co., Ltd. have signed a contract to establish a pool operation company, Asahi MOL Tankers Ltd., as well as an agreement to launch MR-type product tankers that will be assigned to the new pool.

The pool will own a fleet of about 25 vessels and allocate them mainly to Asia and Oceania from the three centers of Tokyo, Singapore, and London. The pool will start operation today (January 21, 2019).

The pool operation allows Asahi MOL Tankers to offer efficient, reliable, high-quality ocean transport services with the flexibility to meet diverse customer needs.

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