MOL to Invest in a Leading French Ship Management Company to Expand its European Business
Japan, March 11 -- Mitsui O.S.K. Lines, Ltd. (MOL) has acquired a 25% equity stake in V.Ships France SAS (VSF), a highly reputable ship management company headquartered in Nantes, France, through its subsidiary, MOL Euro Energie SAS.VSF has an established track record since 2001 in the crewing and operational management of LPG tankers, LNG Bunkering Vessels, and other vessels, including the provision of French officers and crew.For MOL's vessels, VSF is currently managing two MOL Bunkering vessels (Gas Vitality & Gas Agility operated in Rotterdam and Marseille) and MOL has gained a high reputation from European oil and gas major customers. Building on the existing relationship through the management of LNG Bunkering Vessels, MOL will newly ...
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