Mitsui O.S.K launches MR pool

MOL, Ultranav International, OSG International and Asahi Tanker have agreed to operate a combine fleet of around 60 MR vessel under the Clean Product Tankers Alliance
Mitsui O.S.K launches MR pool

Mitsui O.S.K (MOL) has announced the formation of a new MR pool product tanker operation.

Asahi Tanker Co, Ultranav International and OSG International have partnered with MOL for the Clean Products Tanker Alliance, which will operate a combined fleet of approximately 60 medium range product tankers ranging from 45,000 - 55,000 dwt.

According to a statement, Ultranav will operate IMO-type vessels (*4) for the Americas trade from their office in Miami. Meanwhile MOL, whose main operations are in London, Houston, Singapore and Tokyo, will operate other vessels for worldwide trade.

MOL said: "The joint pool agreement will enable more efficient arrangement of vessels, allowing the flexibility to meet diverse customer needs with reliable, high-quality ocean transport service."

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by Laura Stackhouse

readmt.com Editor

Laura Stackhouse is the Web Editor of readmt.com, an official publication of the International Marine Purchasing Association (IMPA). To discuss news, features or contributing to readmt.com please get in touch.

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