Containerships carry an incredible range of cargo, such as finished products, parts/components, foods, and general consumer products. The importance of this segment has been increasing, spurred by the advancement of the global division of labor and the rising world population. We formed The New World Alliance(TNWA) with Hyundai Merchant Marine and APL to further enhance service quality and efficiency on east-west routes.
On routes that serve emerging nations in Asia, South America, and Africa where we expect strong future growth, we strive to develop services that meet diverse customer needs.

In the logistics business, MOL customers can count on our ever-expanding worldwide network and decades of accumulated expertise. By fully understanding customer needs, we can offer optimum solutions and a full range of services.

<Business Performance during FY2009>
This segment was strongly impacted especially in the first half of the fiscal year by the drop in cargo trade from the latter half of the previous fiscal year (FY2008) and the continued downward trend in freight rates for all routes. We also optimized the fleet size by returning chartered ships and laying up or scrapping surplus ships, etc. In addition, various measures were effected to promote a recovery and improve competitiveness including a revision of charges and costs of terminal handling, feeder, empty container positioning and others, a reduction in fuel costs by slow steaming and improved efficiency through the restructuring of our organization and staff both in Japan and overseas....more