MOL PLANS EXPANSION OF MID-SIZE TANKER FLEET
Mitsui O.S.K. Lines announced Monday in Tokyo that it will expand its fleet of double-hull, mid-size petroleum product tankers.
Currently, MOL jointly operates ten MR-type, clean product tankers with its affiliated company, Asahi Tanker Co., Ltd. MOL and Asahi Tanker had planned to expand this fleet by the end of 2004, but decided to advance their plans so they would have a 25-ship fleet by the end of 2005.
All of the new tankers will have displacements of 45,000-dwt. The augmented fleet will be deployed beyond MOL’s present product tanker service area in the Far East, expanding to Southeast Asia and the entire Pacific.