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MOL Integrates Tanker Management Companies

4 April 2020

Effective April 1, 2020, MOL Tankship Management (Asia) (MOLTA) and MOL Tankship Management (Europe) (MOLTE) were integrated under a new name — MOL Tankship Management.

 

As explained, MOL Tankship Management, employing 91 people, will have its head office in Singapore and branch office in London.

 

The integrated company has a paid-in capital of SGD 2.4 million (around USD 1.7 million).

 

“MOL Tankship Management Pte. Ltd. will continue to strive for further enhancement in operating safety, making the most of both companies’ years of valuable experience and stockpile of important know-how,” MOL said.

 

In late March, MOL revealed it expects to record an extraordinary loss on its consolidated and non-consolidated financial statements for the fiscal year 2019. For its consolidated financial results ending in March 2020, MOL plans to downgrade in its forecast due to a total of USD 146 million of extraordinary losses.

 

The loss has been assigned to a continuously sluggish market due to the impact of the COVID-19 pandemic among other factors.

 

 

Comments (0)


Today
8:03am
Hi Jenna! I made a new design, and i wanted to show it to you.
8:03am
It's quite clean and it's inspired from Bulkit.
8:12am
Oh really??! I want to see that.
8:13am
FYI it was done in less than a day.
8:17am
Great to hear it. Just send me the PSD files so i can have a look at it.
8:18am
And if you have a prototype, you can also send me the link to it.

Monday
4:55pm
Hey Jenna, what's up?
4:56pm
Iam coming to LA tomorrow. Interested in having lunch?
5:21pm
Hey mate, it's been a while. Sure I would love to.
5:27pm
Ok. Let's say i pick you up at 12:30 at work, works?
5:43pm
Yup, that works great.
5:44pm
And yeah, don't forget to bring some of my favourite cheese cake.
5:27pm
No worries

Today
2:01pm
Hello Jenna, did you read my proposal?
2:01pm
Didn't hear from you since i sent it.
2:02pm
Hello Milly, Iam really sorry, Iam so busy recently, but i had the time to read it.
2:04pm
And what did you think about it?
2:05pm
Actually it's quite good, there might be some small changes but overall it's great.
2:07pm
I think that i can give it to my boss at this stage.
2:09pm
Crossing fingers then

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