Mitsui O.S.K. Lines (MOL) has acquired 100 percent interest in the Netherlands-based seafarers manning company Azalea Maritime.
The acquisition was completed on December 21, 2017, MOL said in its statement.
Following the acquisition, the company changed its name to MOL Maritime (Europe), on January 1.
MOL’s aim with the acquisition of the Azalea Maritime B.V. is to provide qualified seafarers for MOL-operated LNG carriers.
MOL Maritime (Europe), as a manning company, will continue to support MOL safe operation, while inheriting Azalea Maritime’s accumulated experience with European seafarers and know-how of the manning business, MOL’s statement reads.