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MOL Chemical Tankers and Den Hartogh Logistics form strategic alliance

Logistic News - Published on Fri, 15 Feb 2019

Image Source: Safety4Sea
MOL Chemical Tankers Pte. Ltd. in Singapore (MOLCT) and Den Hartogh Logistics in the Netherlands announce a strategic alliance to jointly develop and streamline liquid chemical logistics services utilizing tank containers, parcel chemical tankers and a tank terminal, the company said in its release.

Den Hartogh Logistics is a leading global logistics company, operating over 19,000 tank containers transporting liquid chemicals and gasses, intercontinental, intraregional and domestic 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 A/S.

While leading marine transportation of liquid chemicals, vegetable oils and animal fats, MOLCT has formed a joint venture company aiming to construct and operate a chemical tank terminal in Antwerp, Belgium at the hub of the world’sbiggest chemical cluster, and steadily developing towards a chemical multi-modal logistics service company. As strategic partners MOLCT and Den Hartogh Logistics offer their customers in the petrochemical industry truly global supply chain solutions, which combine the tanker fleet of MOLCT with the tank container fleet of Den Hartogh Logistics.

These end-to-end supply chain solutions offer our customers the best of both worlds, with the highest level of safety and cost effectiveness on a global scale. Existing services of tank containers by Den Hartogh Logistics and parcel tankers by MOLCT will continue. The strategic alliance is ratified by MOL Chemical Tankers acquiring 20% of the issued shares of Den Hartogh Logistics’ holding company from the current sole shareholder Den Hartogh Beheer B.V.As capital and business partners Den Hartogh Logistics and MOLCT will further develop a mutual global customer network and strengthenits competitiveness as service providers of global liquid chemical logistics.

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Posted By : Joykumar Irom on Fri, 15 Feb 2019
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