The shipping giant Mitsui O.S.K. cooperate with Pearl Naval of Alkoc Group in a joint alliance to operate general cargo vessels, bulk carriers, and multi-purpose vessels in the Mediterranean waters.
MOL confirmed that its Turkish branch MOL Turkey Denizcilik ve Lojistik Ticaret, has launched a new brand, “MEDMOL Sea Carriers,” and will jointly operate general cargo vessels, bulk carriers and multi-purpose vessels in Mediterranean waters in cooperation with the Pearl Naval of Alkoc Group, also based in Turkey.
For the time being, as the company states, they will operate by procuring multipurpose vessels and bulkers from the market, but in the future, they will procure vessels around the age of 20 built at Japanese shipyards, which have operated in Asian waters and operate them for more than 10 years in Mediterranean waters.
Furthermore, through the commercial operation of these ships, they will support the Turkish maritime industry by utilizing for repair, periodical maintenance and dismantling etc, and in addition, their intention is to promote the relationship between the maritime industries of both countries, by operating ships procured from Japan, as MOL Turkey says in a statement.
Source: MOL Turkey
