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MOLCT to acquire Nordic Tankers from Triton

Jan 09, 2019 - Marketline Newswire
Mergers and Acquisitions

Singapore-based MOL Chemical Tankers (MOLCT) has agreed to purchase all the shares of Denmark's Nordic Tankers (NT) from its sole shareholder Triton.

NT is a chemical tanker company involved in the transportation of specialised liquid products for chemical producers and oil majors.The new agreement includes all the rights attached to the share purchase deal, which is scheduled to close next month.Following completion of the deal, NT will be renamed MOL Nordic Tankers (MOLNT). Current manag...