Mitsui O.S.K. Lines (MOL) signed loan agreement with the Japan Bank for International Cooperation and a syndicate of lenders, with Sumitomo Mitsui Banking Corporation acting as arranger to secure finance for the acquisition of LBC Tank Terminals Group Holding Netherlands Coöperatief U.A., which was completed in June 2025.

The Japanese shipping line said this financing, which ensures stable, long-term funds to acquire LBC shares, was made possible through the alignment of JBIC's philosophy of supporting Japanese companies' overseas business expansion and SMBC's efforts to build a global network.

Looking ahead, the MOL Group will continue to optimize its financial strategy, with the group management plan BLUE ACTION 2035, at its core, while considering market trends and other factors.

MOL Group has positioned chemical logistics business as a strategic business domain where it expects growth in the future.

The acquisition of LBC will enable the MOL group to strengthen its chemical logistics service by incorporating tank storage business into its portfolio, alongside maritime transportation.

MOL said this business expansion will allow the group to respond quickly to the diverse needs of customers, as well as to grow as a pillar of its stable revenue businesses, as stated in the portfolio strategy of the BLUE ACTION 2035 management plan, since tank terminals are considered to be a low market volatility business.