MOL Chemical Tankers Pte. Ltd. announced that the merger of Fairfield Chemical Carriers Pte. Ltd. into MOLCT successfully took effect on 1 April 2025, following shareholders’ approval.

The merger followed MOLCT’s acquisition of all shares in FCCSP on 1 March 2024, after which FCCSP operated as a wholly owned subsidiary under the Fairfield Chemical Carriers brand. As part of the integration, all assets and contracts of FCCSP were transferred to MOLCT, with MOLCT assuming full responsibility for their fulfilment. The combined operations now continue under the unified brand name, ‘MOL Chemical Tankers.’

Through the consolidation of business platforms, MOLCT aimed to enhance operational efficiency and offer more flexible and enriched services to its stakeholders.

“This merger marked a significant strategic milestone, enhancing MOLCT’s service network while maintaining the exceptional quality our customers have come to rely on,” said Akira Sasa, CEO of MOLCT. “The integration of our fleets has not only provided operational flexibility but also driven unprecedented efficiency in our services.”

Coinciding with the merger, several corporate name changes took place to reflect the unified ‘MOL Chemical Tankers’ brand:

The merger represented an important step in strengthening MOLCT’s global chemical tanker network, reinforcing its commitment to delivering superior value to customers worldwide.

For more information visit www.molchemtankers.com