Independent journal on economy and transport policy
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Mitsubishi taking control of tanker venture with Cosmo
(Shipping Times)
October 26, 2000
Merger of ship tanker units will be Japan's largest devoted to oil trade
[TOKYO] Nippon Mitsubishi Oil Corp, Japan's largest oil refiner, said it will take a majority stake in a venture with Cosmo Oil Co to merge their ship tanker divisions to cut costs.
Japan's first oil tanker merger in a decade will combine Nippon Mitsubishi's 25 ships, including 19 very ...... Read more on Shipping Times
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