MOL merges crewing companies

MOL merges crewing companies

   Mitsui O.S.K. Lines said two of its group companies ' International Marine Transport Co., Ltd. and MOL Tankship Management Ltd. ' have agreed to merge, effective April 1.

   The new company will operate as MOL Ocean Expert Co. The merger was approved by the shareholders' meetings of both companies.

   'The merger will integrate marine officers for dry bulk ships, tankers, and LPG carriers belonging to both companies under the MOL umbrella to ensure more flexibility in seafarer allocation and streamline management,' the Japanese carrier said.