JAPANESE shipping company Nippon Yusen Kabushiki Kaisha, tanker operator Eneos Ocean Corporation and chemicals tanker operator Stolt Tankers are joining together to form a chemicals ship pooling business.

The project began with 13 vessels: two chemicals tankers owned by Eneos Ocean and 11 chemicals tankers owned by a joint venture between the NYK Group and Stolt Tankers.

The vessels are equipped with stainless steel tanks capable of transporting various chemicals products.

Stolt Tankers president Lucas Vos said by adding tonnage from Eneos Ocean’s platform, Stolt Tankers and NYK have demonstrated their ability to generate value in a highly competitive market.

“We expect these two ships to enhance our overall service offering across Asia by increasing logistical flexibility while continuing to provide best-in-class environmental and safety standards,” Mr Vos said.

“I am particularly pleased with this agreement, as it expands Stolt Tankers’ presence in the region while expanding our tonnage partners in Japan.”

NYK executive officer Yuji Nishijima said: “We have a strong relationship with Stolt Tankers, boasting unrivalled experience spanning over 30 years in the chemical tanker business,” he said.

“Additionally, we have a deep trust-based relationship with Eneos Ocean, primarily in the field of crude oil tankers. We are delighted to have taken this step into the chemical tanker pool operation based on these relationships.”

Eneos Ocean corporation director, executive officer Masahito Hirano said the pool business would enhance competitiveness in the chemicals tanker market.

“Through this pool, we aim to provide detailed and attentive transportation services to meet the diversifying needs of customers and achieve greater safety in operations,” he said.