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MOL to spend $400m buying Fairfield Chemical Carriers

Japan’s Mitsui OSK Lines (MOL) is spending $400m in an all-cash transaction to acquire the 36-strong fleet of New York-headquartered Fairfield Chemical Carriers (FCC), a subsidiary of Fairfield-Maxwell Ltd.  MOL, Japan’s largest shipowner by dwt, said today it sees the chemical tanker business as a sector with strong growth prospects with plans to proactively invest …

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Japan’s Mitsui OSK Lines (MOL) is spending $400m in an all-cash transaction to acquire the 36-strong fleet of New York-headquartered Fairfield Chemical Carriers (FCC), a subsidiary of Fairfield-Maxwell Ltd.  MOL, Japan’s largest shipowner by dwt, said today it sees the chemical tanker business as a sector with strong growth prospects with plans to proactively invest …

[post_title] => MOL to spend $400m buying Fairfield Chemical Carriers [post_excerpt] => Japan’s Mitsui OSK Lines (MOL) is spending $400m in an all-cash transaction to acquire the 36-strong fleet of New York-headquartered Fairfield Chemical Carriers (FCC), a subsidiary of Fairfield-Maxwell Ltd.  MOL, Japan’s largest shipowner by dwt, ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => mol-to-spend-400m-buying-fairfield-chemical-carriers [to_ping] => [pinged] => [post_modified] => 2023-09-12 08:39:11 [post_modified_gmt] => 2023-09-12 08:39:11 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=193023 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )