Dutch logistics provider Den Hartogh Logistics and Singapore-based MOL Chemical Tankers announced a strategic partnership to jointly develop and streamline liquid chemical logistics services utilizing tank containers, parcel chemical tankers and tank terminals.
Under their strategic partnership, the companies will combine the tanker fleet and depots of MOLCT with the tank container fleet of Den Hartogh Logistics, to boost global supply chain solutions for the petrochemical industry, with the highest level of safety and cost effectiveness on a global scale.
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,
…Pieter Den Hartogh, Group Managing Director of Den Hartogh Logistics.
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.
Existing services of tank containers by Den Hartogh Logistics and parcel tankers by MOLCT will continue and both companies will further develop a mutual global customer network and strengthen its competitiveness as service providers of global liquid chemical logistics.
MOLCT operates around 80 vessels, 1.6 million DWT fleet, with mostly stainless-steel cargo tanks.