MOLCT becomes shareholder in Den Hartogh Logistics

Strategic partnership combines expertise, assets and entrepreneurship to offer supply chain and end-to-end logistic solutions

MOLCT becomes shareholder in Den Hartogh Logistics

MOL Chemical Tankers Pte. Ltd. in Singapore (MOLCT) and Den Hartogh Logistics in the Netherlands have established a strategic alliance to jointly develop and streamline liquid chemical logistics services utilizing tank containers, parcel chemical tankers and a tank terminal.

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 companies announce.

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 strengthen its competitiveness as service providers of global liquid chemical logistics.

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’s biggest chemical cluster, and steadily developing towards a chemical multimodal logistics service company.

MOL Chemical Tankers Pte. Ltd. is one of the global leaders in ocean transport, specializing in chemical parcel tankers for bulk liquid chemicals and vegetable oil and animal fats. MOLCT operates around 80 vessels, 1.6 million DWT fleet, with mostly stainless-steel cargo tanks. MOLCT is 100% owned by Mitsui O.S.K. Lines, which operates vast range of services worldwide, such as tankers, dry bulkers and LNG carriers.

Den Hartogh Logistics is a bulk logistics service provider for the chemical, gas, polymer and food industry. The family-owned company based in The Netherlands has a presence in every region of the world, with premises/offices in 43 locations within 24 countries. The workforce consists of more than 1,700 people, the equipment pool includes more than 19,000 tank containers, 7,000 dry bulk containers and specialized dry bulk trailers, 400 tank trailers and more than 500 trucks.;