Full Integration of MOL Nordic Tankers into MOL Chemical Tankers Group
April 29, 2020
In January 2019, MOL Chemical Tankers Pte. Ltd. acquired all shares of Nordic Tankers (now named MOL Nordic Tankers). In August 2019, MOL Chemical Tankers announced the new MOLNT Management Team and the plan to fully integrate MOL Nordic Tankers into MOL Chemical Tankers within 2020. With execution date set as per 1 May 2020, we see this full integration as a natural step towards further developing our business to the benefit of our customers.
As of 1st May, we will provide services under one united brand ‘MOL Chemical Tankers’. The four MOL Nordic Tankers company entities located in Copenhagen, Stamford, Houston and Bogotá, will legally change names as follows:
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Former company name |
New company name |
Commercial contact details: |
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MOL Nordic Tankers Trading A/S |
MOL Chemical Tankers Europe A/S |
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MOL Nordic Tankers (USA) LLC |
MOL Chemical Tankers America LLC |
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MOL Nordic Tankers (Colombia) S.A.S. |
MOL Chemical Tankers Colombia S.A.S. |
There will be no changes in terms of our daily business and contact with customers, stakeholders and business partners. Hence, all point(s) of contact will remain unchanged and we will continue to deliver high-quality service every day.
Below is an overview of the new MOL Chemical Tankers Group Management setup.
Statement from MOL Chemical Tankers CEO, Tsuneo Watanabe:
“Uniting network, activities and resources of the two companies under one brand, puts the MOL Chemical Tankers Group in a strong competitive industry position, where we will be able to service an even wider range of customer segments and to expand our commercial and operational activities to the benefit of our customers”.
In addition to the above, as already announced, Tsuneo Watanabe will resign from his position as CEO in June 2020 and COO Akio Mitsuta will enter the position as Chief Executive Officer, Managing Director of MOL Chemical Tankers. We are confident that the change in the CEO position will be a smooth transition as Mr. Watanabe and Mr. Mitsuta already work closely together on the strategic vision and direction of the company.
We are pleased to continue our strong collaboration with colleagues across our offices in Singapore, London, Houston, Dubai, Tokyo, Rotterdam, Busan, Shanghai, Copenhagen, Stamford and Bogotá under one brand.