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15 December 2018 The on-line newspaper devoted to the world of transports 00:38 GMT+1

February 28, 2018

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The Japanese Mitsui O.S.K. Lines announces a restructure of own organization

The next 1° April will be put into effect

The shipowning group Japanese Mitsui O.S.K. Lines (MOL) has announced today that it will put into effect a restructure of own organization that will take effect the next 1° April, date in which will become operating the Ocean Network Express (ONE), joint venture that MOL has constituted on July 7, 2017 with the compatriots Kawasaki Kìsen Kaisha ("K" Linens) and Nippon Yusen Kaisha (NYK) and in which they are meeting the respective activities in the marine segment of the containerized transport that they will be operated in the within of the Network of the shipowning consortium THE Alliance that, besides the three Japanese companies, is constituted by the Hapag-Lloyd German and the taiwanese Yang Ming Line.

Between the main elements of the plan of restructure of the organization the constitution of the divisions Tanker Division (a) and Tanker Division (b) is previewed, with before it has mainly the responsibility of the activities of the oil tankers employed for the oil transport crude oil and second that will take care of producing the fleet dedicated to the transport of oil and the methanol.

Moreover MOL will institute an independent division for the field of the ferries let alone a Liner Business Division Management that will have the task to carry out own activity in the within of the Ocean Express Network, in which will be integrated. The Japanese group will create also the charge of Chief Financial Officer, than it was up to now not previewed, and the assignment will be that of superviewing programs and measures in order to promote the strategies financial institutions and of finding of resources of the group.

ABB Marine Solutions
Consorzio ZAI

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