MOL Hosts Party in Singapore

MarineLink.com
Tuesday, November 12, 2013

Attended by Some 350 Guests, Announces Commitment to Further Business Expansion.

Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) hosted a party in Singapore on November 7 for customers, business partners, government officials and others. MOL emphasized the strategic importance of Singapore, and introduced group companies that operate businesses in the island nation.

The event, held at the Intercontinental Hotel Singapore, was attended by more than 350 guests including Singapore Transport Minister Lui Tuck Yew and Japanese Ambassador to Singapore Haruhisa Takeuchi, as well as MOL Group business partners and customers.

During his address, MOL President Koichi Muto expressed his appreciation to the Singapore government for its ongoing support of the ocean shipping industry, and thanked customers and others concerned for their understanding and support of MOL Group businesses.

Following President Muto’s address, Minister Lui expressed high expectations for the MOL Group’s continued success in global markets and further expansion of its business in Singapore.

The MOL Group set forth “enhancing business expansion in overseas markets” as a key objective of its Single-year Management Plan RISE 2013. In Singapore, the group has been expanding its tanker business, as more ocean shipping businesses have clustered there in recent years. Also, it started expanding dry bulker business and vessel operations in Singapore at the beginning of this year.

At present, 12 MOL Group companies, including the core company Mitsui O.S.K. Bulk Shipping (Asia Oceania), are based in Singapore, employing more than 500 people.

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

ISS Inks Service Pact with Technip

Inchcape Shipping Services (ISS) and Techniphave signed a contract to provide marine agency services and logistics for the Rashid C project in the Middle East. Currently

Hercules-2 Officially Launched

MAN Diesel & Turbo, Wärtsilä and Winterthur Gas & Diesel to collaborate on major, EU-funded project.   A major cross-industry initiative led by MAN Diesel & Turbo,

ST Marine Launches First LMV for RSN

Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the Launching ceremony for the first

News

Four Rescued From Burning Boat in Lake Michigan

The Coast Guard and a good Samaritan rescued 4 people after their 20-foot boat caught fire on the Grand River, Sunday. A boat crew from Coast Guard Station

ISS Inks Service Pact with Technip

Inchcape Shipping Services (ISS) and Techniphave signed a contract to provide marine agency services and logistics for the Rashid C project in the Middle East. Currently

Hercules-2 Officially Launched

MAN Diesel & Turbo, Wärtsilä and Winterthur Gas & Diesel to collaborate on major, EU-funded project.   A major cross-industry initiative led by MAN Diesel & Turbo,

Logistics

ISS Inks Service Pact with Technip

Inchcape Shipping Services (ISS) and Techniphave signed a contract to provide marine agency services and logistics for the Rashid C project in the Middle East. Currently

Antwerp Joins “One Belt, One Road” Taskforce

“One Belt, One Road” is a Chinese development strategy launched at the end of 2013 that focuses on connectivity and cooperation among countries primarily in Eurasia.

Proforma DAs on the Go

DA-Desk has launched a new service under its PortSpend ManagementTM solution, the Proforma Disbursement Account (PDA) Approval Mobile App. The mobile app is available

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3534 sec (3 req/sec)