MOL Merges Bulk, Tanker, LPG Operations

MOL merged subsidiaries International Marine Transport and MOL Tankship Management, effective April 1.

The two firms will continue and expand their business as MOL Ocean Expert, the company said.

The merger will integrate marine officers for dry bulkships, tankers, and LPG carriers belonging to both companies under the MOL umbrella to ensure more flexibility in seafarer allocation and streamline management, MOL said in a statement.

MOL is No. 11 on the Alphaliner list of Top 100 Container Fleet Operators

-- Contact Thomas L. Gallagher at tgallagher@joc.com.