[ID] => 10600
[post_author] => 34
[post_date] => 2019-02-13 11:53:48
[post_date_gmt] => 2019-02-13 11:53:48
[post_content] => Den Hartogh Logistics and MOL Chemical Tankers (MOLCT) have announced a strategic partnership to jointly develop and streamline liquid chemical logistics services using tank containers, parcel chemical tankers and tank terminals.
“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 and depots of MOLCT with the tank container fleet of Den Hartogh Logistics,” the two companies state. “These end-to-end supply chain solutions offer customers the best of both worlds, with the highest level of safety and cost effectiveness on a global scale.”
To cement the relationship between the two companies, MOLCT will acquire 20 per cent of the issued share capital of Den Hartogh Logistics’ holding company from the current sole shareholder, Den Hartogh Beheer BV.
Both companies will continue with their existing services but as capital and business partners will work together to develop a mutual global customer network, with the aim of strengthening their competitiveness as service providers in the global liquid chemical logistics market.
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Pieter Den Hartogh, group managing director of Den Hartogh Logistics, says: "We are truly delighted about this alliance and innovation in chemical logistics. This strategic partnership will combine expertise, assets and entrepreneurship to offer supply chain and end-to-end logistic solutions for our customers."
Tsuneo Watanabe, CEO and managing director of MOLCT, adds: “We are really pleased and excited about this capital and business alliance with Den Hartogh Logistics. Den Hartogh Logistics and MOLCT shall commit to all customers that both companies continue and improve the current service provided. Therefore, further continuous support by all customers should be highly appreciated.”
MOLCT operates globally with a fleet of more than 80 parcel chemical tankers, including those operated by the newly acquired MOL Nordic Tankers (HCB February 2019, page 11), making it a leader in the marine transport of liquid chemicals, vegetable oils and animal fats. Its fleet has an aggregate carrying capacity of 1.6m dwt, mostly in stainless steel tanks. It is a wholly owned subsidiary of Mitsui OSK Lines.
In addition, in September 2018 MOLCT formed a joint venture with SEA-Tank Terminal Antwerp, SEA-MOL, which is to construct and operate a 500,000-m3 chemical tank terminal in Antwerp at the hub of the world’s biggest chemical cluster, with commercial operations due to commence in mid-2021. That venture marks MOLCT’s aim to steadily develop towards becoming a multimodal logistics service company for the petrochemical industry, a development that is only strengthened by the partnership with Den Hartogh.
Den Hartogh Logistics, meanwhile, operates more than 19,000 tank containers in intercontinental, inter-regional and domestic trades, primarily handling liquid chemicals and gases; it also has some 7,000 dry box containers used largely in the polymer and food sectors. It operates from offices in 43 locations in 24 countries around the globe.
[post_title] => MOL/Den Hartogh: Brand extension
[post_status] => publish
[comment_status] => open
[ping_status] => open
[post_name] => molden-hartogh-brand-extension
[post_modified] => 2019-03-07 11:59:28
[post_modified_gmt] => 2019-03-07 11:59:28
[post_parent] => 0
[guid] => https://www.hcblive.com/?p=10600
[menu_order] => 0
[post_type] => post
[comment_count] => 0
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MOL/Den Hartogh: Brand extension
MOL Chemical Tankers is expanding its multimodal reach through a strategic partnership with Den Hartogh Logistics