Press Release

English

Press Release
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006

March 08, 2007

MOL Ferry and Kyushu Kyuko Ferry to Merge

TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced that MOL Ferry Co., Ltd. and Kyushu Kyuko Ferry Co., Ltd. have agreed to merge effective June 1, 2007 under the name MOL Ferry Co., Ltd., with the goal of continuing business growth.

MOL Ferry and Kyushu Kyuko Ferry offer roll-on/roll-off (RO/RO) service between Kanto and Kyushu. The merger aims to improve sales capabilities, cost competitiveness, and customer satisfaction on these routes while also contributing to the government's modal shift program.

Profile of new company

Name :MOL Ferry Co., Ltd.
Headquarters :1-1-1 Shinbashi, Minato-ku, Tokyo
Paid-in-capital :1,440 million yen
Directors :Chairman Seiji Nakamura
President Yutaka Okamoto
Number of employees :289
Main business :
  • Main business: Ferry service between Oarai and Tomakomai
    (two arrivals and departures per day)
  • RO/RO service between Tokyo and Hakata
    (one arrival and departure per day)
  • RO/RO service between Yokosuka (Oppama), Omaezaki, Kanda, and Oita
    (four arrivals and departures per week)

Profiles of current companies

Company name MOL Ferry Co., Ltd. Kyushu Kyuko Ferry Co., Ltd
Foundation date March 12, 2001 August 23, 1974
Paid-in capital 600 million yen 840 million yen
Headquarters 1-1-1 Shinbashi, Minato-ku, Tokyo 2-2-8 Shintomi, Chuo-ku, Tokyo
Ownership Wholly owned by MOL MOL ownership 92%
Revenues(FY2005) About 15.2 billion yen About 5.1 billion yen
President Seiji Nakamura Yutaka Okamoto
Number of employees 215 74

Top of Page