Oil is the mainstay of the world's energy supply, and requires safe, efficient transport.
MOL's crude oil fleet includes very large crude carriers (VLCCs) of more than 200,000 dwt, and small-size tankers called Aframax tankers, contributing to the safe delivery of crude oil around the world.
Our fleet meets specific cargo characteristics - product tankers that move refined petroleum products such as gas oils, naphtha, and gasoline, chemical tankers and methanol carriers that transport liquid chemical products, and liquefied petroleum gas (LPG) carriers. We develop global operations as an energy transport expert with one of the world's largest tanker fleet, a proven track record, and an extensive storehouse of expertise.
Transport of crude oil and other energy sources requires a sophisticated safe operation system, backed by advanced technical capabilities. We focus on enhancement of fleet quality as well as seafarer education and training with the goal of establishing an optimum safe operation system from the viewpoints of both hardware and software.
By international treaty, all newly built tankers after 1996 must have a double-hull structure for cargo tanks to prevent cargo oil leakage in the event of a collision or grounding. MOL has promoted adoption of double hulls ahead of other companies from the viewpoint of marine and global environmental protection, which is one of our corporate principles, and completed the transition of our crude oil tankers to double-hull vessels as of the end of December 2008. MOL has gone one step further, adopting double-hull fuel tanks for VLCCs launched after May 2005.
The MOL Group includes ship management companies that specialize in tankers and consolidate our tanker operation know-how to improve customer services and ensure safe and efficient operation. Our in-house training centers provide seafarers extensive education and training programs backed by our rich experience of tanker operation industry cargo loading and discharging.