MOL to restructure tanker management
Ocean carrier Mitsui O.S.K. Lines Ltd. announced Wednesday a restructuring of the company’s ship management system as it expands its fleet from 700 vessels today to 900 by the end of March 2010.
Under the restructuring, MOL’s Marine Management Division Tanker Supervising Group will be consolidated into International Energy Transport Co. and will be renamed MOL Tankship Management Ltd. Tokyo, effective April 1. The company will manage very large crude carriers (VLCCs), product tankers, LPG carriers, and methanol tankers.
MOL to restructure tanker management
