MOL Chemical Tankers takes a 20% stake in Den Hartogh

MOL Chemical Tankers, part of Japanese shipping major Mitsui OSK Lines, has acquired a 20% stake in Rotterdam-based Den Hartogh Holding in the latest expansionist move by the fast developing chemical transport specialist. The two companies intend to work together to shift chemicals in tank containers and onboard parcel chemical tankers via a new Belgian tank terminal. No price has been revealed for the 20% stake.

Den Hartogh Logistics operates over 19,000 tank containers transporting liquid chemicals and gasses, intercontinental, intraregional and domestically while also handling 7,000 box containers for the polymer and food industry.

MOL Chemical Tankers operates with a global fleet size of more than 80 parcel chemical tankers, including those operated by the newly acquired MOL Nordic Tankers. It formed a joint venture company last year to construct and operate a chemical tank terminal in Antwerp, Belgium at the hub of the world’s biggest chemical cluster.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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