Triton to sell Nordic Tankers to MOL Chemical Tankers
Copenhagen (Denmark) - Funds advised by Triton ("Triton") today announced the sale of Nordic Tankers A/S (“Nordic Tankers”) to MOL Chemical Tankers Pte. Ltd. (“MOLCT”), a wholly-owned subsidiary of Mitsui O.S.K. Lines, Ltd. (“MOL”), which is one of the largest shipping companies in the world and listed on the Tokyo Stock Exchange. Nordic Tankers is a leading chemical tanker company, mainly operating in trade lanes in the Americas, trans-Atlantic and Europe. Triton acquired the company in 2012 and has since strengthened it through initiatives such as recruiting a new management team,