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MOL announces unification of group ship management companies under new name: MOL Tankship Management Pte. Ltd

MOL today announced that effective April 1, its wholly owned management companies for tankers, MOL Tankship Management (Asia) Pte Ltd (MOLTA; Managing Director: Toshihiko Ota; Headquarters: Singapore) and MOL Tankship Management (Europe) Ltd. (MOLTE; Managing Director : Ikutoshi Kato; Headquarters: London) will be unified (Note 1) under a new name: MOL Tankship Management Pte. Ltd.

MOL Tankship Management Pte. Ltd. will continue to strive for further enhancement in operating safety, making the most of both companies’ years of valuable experience and stockpile of important know-how.

(Note 1) Unified MOLTA as the Headquarter and MOLTE as the London Branch

[Outline of MOL Tankship Management Pte. Ltd. effective April 1, 2020]