Japan’s Mitsui O.S.K. Lines (MOL) has acquired full ownership of Azalea Maritime B.V., a Dutch manning company. MOL acquired 100% of the issued shares of Azalea Maritime B.V. on December 21st, 2017. And Azalea Maritime B.V. changed its name to “MOL Maritime (Europe) B.V.” on January 1st, 2018.
MOL will enhance providing top-quality seafarers for MOL-operated LNG carriers and tankers and continue to aim to become a world leader in safe operation.
MOL Maritime (Europe) B.V. as a manning company, will continue to support MOL safe operation, while inheriting Azalea Maritime’s accumulated experience with European seafarers and know-how of the manning business.
Azalea Maritime Agency was established in January 1997 with its headquarters in Herceg Novi – Montenegro.
The Japanese conglomerate has 21 LNG carriers, 2 LPG carriers and 64 tankers in its operated fleet registered under different subsidiaries and joint ventures.
The company has 14 LNG carriers under construction at Japanese, Chinese and South Korean yards, eight of them scheduled for delivery in 2018, data from VesselsValue shows.