Mitsui O.S.K. Lines, Ltd. (MOL)

  is an ocean shipping company that meets the needs of the times in a range of fields. From specialized bulk carriers that transport iron ore, coal, and wood chips to tankers that transport crude oil and LNG, car carriers and containerships that deliver variety of finished products, and so on. MOL muscle moves today's global economy.
Our ocean shipping-main business supports communities and industries around the world, by concentrating on group-wide strengths. With the world's largest fleet, backed by experience and technologies developed over 120 years, our activities – and opportunities -- are borderless. We contribute to global economic growth while continually evolving as a resilient, flexible, powerful corporate group.

Company Name Mitsui O.S.K. Lines, Ltd.
Head Office 1-1 Toranomon 2-chome, Minato-ku, Tokyo 105-8688, Japan
Number of Employees 940
Total Number of MOL Group Companies 398
Total Number of MOL Group Employees 9,431
MOL Group Operating Fleets 910 / 63,242 (number / deadweight tons)

A.      MOL Group Corporate Principles

  1. As a multi-modal transport group, we will actively seize opportunities that contribute to global economic growth and development by meeting and responding to our customers' needs and to this new era.

  2. We will strive to maximize corporate value by always being creative, continually pursuing higher operating efficiency and promoting an open and visible management style that is guided by the highest ethical and social standards.

  3. We will promote and protect our environment by maintaining strict, safe operation and navigation standards.

B.      History of MOL

The iron-hulled steamer HIDEYOSHI MARU begins ocean transport of Miike coal from Kuchinotsu (Japan) to Shanghai.
Osaka Shosen Kaisha (OSK Lines) is founded.
Hong Kong representative office opens.
The high-speed cargo ship KINAI MARU is launched, and covers the Yokohama-New York route in 25 days and 17.5 hours, well below the industry average of 35 days.
The ARGENTINA MARU and BRASIL MARU are built and launched as cargo/passenger liners on the South America route. These vessels represent the state-of-the-art in Japanese shipbuilding at the time.
Mitsui & Co. spins off its shipping department to create Mitsui Steamship Co., Ltd.
World’s first automated ship, the KINKASAN MARU, with an engine room operated entirely from the bridge, is launched. Automation reduces the number of seafarers from 52 to 38.
Japan’s shipping industry undergoes a major consolidation, with mergers creating six companies – Mitsui O.S.K. Lines, Ltd. (MOL) by a merger of OSK Lines and Mitsui Steamship, Japan Line, Ltd. (JL) by a merger of Nitto Shosen and Daido Kaiun, and Yamashita-Shinnihon Steamship Co., Ltd. (YSL) by a merger of Yamashita Kisen and Shinnihon Kisen.
Japan’s first specialized car carrier, the OPPAMA MARU, is launched.
MOL, JL, and YSL launch the full containerships AMERICA MARU, JAPAN ACE, and KASHU MARU, respectively, on the Japan-California route.
Mitsui O.S.K. Lines (HK) Ltd. is founded.
LNG carrier SENSHU MARU is launched.
Japan’s first full-fledged cruise ship, the FUJI MARU, is launched, ushering in the era of leisure cruises in Japan.
Navix Line is established by the merger of JL and YSL.
The Fuji Maru’s sister ship, the NIPPON MARU, joins the fleet.
Crew training school is established in Manila.
MOL Safety management System is certified under ISM Code and ISO9002.
Container route service through a strategic international tie-up called The Global Alliance (TGA), begins. The first double hull very large crude carrier (VLCC) the ATLANTIC LIBERTY, is launched.
Liner business department acquires ISO9002 certification.
The New World Alliance (TNWA) is inaugurated. MOL sets Hong Kong as an Asian Regional Headquarters to manage its container liner operations and other related business. Car carrier division earns ISO9002 certification.
New Mitsui O.S.K. Lines is established by the merger of MOL and Navix Line MOL Japan is established.
MOL Environmental Policy Statements are issued.
MOL Group Corporate Principles are established.
All departments at the Head Office and MOL-operated vessels acquire ISO14001.
MOL participates in the UN-backed Global Compact.
Safety Operation Supporting Center is established in the Head Office.
ISHIN concept for next-generation vessels is announced.
New Training Center opens.
MOL Group supports victims of the Great East Japan Earthquake and tsunami: Transport of emergency aid supplies, visits by a cruise ship to disaster-stricken ports, etc.
G6 alliance is established on European route.
VLCC pool operator Nova Tankers A/S is established.
Hybrid car carrier Emerald Ace is slated for launch (June).

C.      Awards