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November 30, 2016

MOL Establishes New Smart Shipping Office
- New organization will promote MOL SMART SHIP Project through Innovation based on the utilization of ICT such as Ship IoT and AI -

ISHIN NEXTTOKYO-Mitsui O.S.K. Lines, Ltd. today announced establishment of the Smart Shipping Office (the Office), effective December 1.

While ICT (*1) has rapidly been growing and potential applications at sea and between sea and shore are expanding, the Office will not only contribute to more advanced vessel operation and ship management by combining MOL Group's expertise and the underlying seed technologies of ICT, but also make shipping services more convenient for customers by adding new value to shipping.

In addition, the Office will work to realize one of new technological development project concepts, "Advanced support technologies for safer vessel operation," (*2) with the ultimate goal of autonomous sailing.

MOL Group strives to be chosen by customers as logistics business partner through innovation based on the utilization of ICT.

(*1) ICT stands for Information and Communication Technology, which add the dimension of telecommunication to Information Technology (IT).

(*2) For the details, please refer to MOL's release on November 24, 2016: MOL Launches "ISHIN NEXT - MOL SMART SHIP PROJECT -"

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