Corporate Planning Division News

Japanese shipping major Mitsui O.S.K. Lines (MOL) plans to undertake a number of changes as part of an organizational restructuring, effective April 1, 2018. MOL said it will establish a liner business management division to “fulfil its management role as one of the major investors in Ocean Network Express (ONE), into which the liner division is being integrated”. The Japanese giant will split tanker operations and a chief financial officer (CFO) appointed for the first time. It will divide the tanker division into tanker division (A) and tanker division (B) to create a more customer-focused approach and establish a ferry business division.

The Japanese shipping company  Mitsui O.S.K. Lines, Ltd (MOL) will restructure its organization effective April 1, says a press statement from the company. MOL is establishing the Product Transport Business Unit, under which much of the carrier and port divisions will reside. It has also submitted an application to establish a logistics subsidiary in India. The company will establish the Product Transport Business Unit to create the cross-sectional system “One MOL” to promote businesses in the product transport field and further meet customer needs. The company will establish the One MOL Business Strategy Execution Office in the Corporate Planning Division as an organization that engages in division/area cross-sectional business promotion…

Mitsui O.S.K. Lines, Ltd. (MOL, President: Koichi Muto) today announced the completion of a table top drill based on the scenario of the MOL-owned and operated bulk carrier Mona Linden being involved in a collision that resulted in flooding and oil spill off Takamatsu, Inland sea, Japan. The drill involved about 60 participants including executives from MOL and MOL Group companies. The three-hour drill, from 1 p.m. to 4 p.m. on Thursday, May 19, was aimed at strengthening MOL's…

Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) is determined to provide containerships to transport aid supplies from overseas. As the damages of the earthquake set in, MOL has received many calls from voices desired to transport aid supplies to Japan from overseas. “We express our heartfelt sympathies to the families and friends of those who lost loved ones in the earthquake,” MOL President Koichi Muto said. Items covered: Grant aid supplies from public institutions such as governmental institutions and municipalities, or government-approved aid organizations to be shipped to disaster areas by the Tohoku district - off the Pacific Ocean earthquake. However, some of the items such as dangerous articles, animals, and other regulated items may not be accepted.

Mitsui O.S.K. Lines, Ltd. announced that the company has completed a practice drill based on the scenario of its training ship Spirit of MOL being involved in a collision, fire, and oil spill incident just off Manila on February 18. Following is an outline of the drill, which involved about 60 participants from the Tokyo Head Office and MOL Group companies. Beginning on the afternoon of Thursday, February 18, the drill was intended to strengthen the foundation of social responsibility laid out in the MOL Group Corporate Principles protecting the environment by maintaining strict…