Meeting customer needs with more efficient ship allocation

TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that MOL and Asahi Tanker Co., Ltd. (President: Kazunori Nakai; Headquarters: Chiyoda-ku, Tokyo) have signed a contract to establish a pool operation company, Asahi MOL Tankers Ltd. (President: Shigekazu Haruyama; Headquarters: Republic of the Marshall Islands), as well as an agreement to launch MR-type product tankers (Note 1) that will be assigned to the new pool.

The pool will own a fleet of about 25 vessels and allocate them mainly to Asia and Oceania from the three centers of Tokyo, Singapore, and London. The pool will start operation today.

The pool operation allows Asahi MOL Tankers to offer efficient, reliable, high-quality ocean transport services with the flexibility to meet diverse customer needs.