Press Release

English

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

December 16, 2009

MOL Establishes Ship Management Company in Philippines

TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced that its joint venture company in the Philippines, Magsaysay Mitsui O.S.K. Marine, Inc.*, has reorganized its ship management division and established a new ship management company called MAGMOL Ship Management Inc.

On December 7, an opening ceremony was held in Manila, where the new company is based, and MOL President Ashida attended the ceremony.

Through Magsaysay Mitsui O.S.K. Marine and MAGMOL Ship Management, MOL strives to further enhance know-how in marine technology and ensure safe operation, in line with the MOL Group's corporate principles. The Philippines is the main seafarer supply nation for the world's merchant fleet.

* Magsaysay Mitsui O.S.K. Marine, Inc. is a Philippine seafarer manning company established in March 1997 as a joint venture between MOL and Manila-based Magsaysay Maritime Corporation.

Profile of new company

Name:
MAGMOL Ship Management, Inc.
Location:
Manila (Philippines)
Business:
Ship management
Start of operation:
December 1, 2009

Top of Page