 MOL's four major ferry and domestic transport companies (MOL Naiko, Ltd., MOL Ferry Co., Ltd., Ferry Sunflower Ltd., Meimon Taiyo Ferry Co., Ltd.) link major consumer markets and industrial zones across Japan, offering efficient, comfortable, and reliable services for passengers and cargo alike.
As concerns mount over the environment, our ferries and coastal liners are in the vanguard of the Japanese government's Modal Shift program, which encourages the use of ships and railways as a green alternative to truck transport. Our passenger transport services emphasize convenience and comfort, under the catchphrase "Let's Stay Aboard."
We also introduced the concept for the environment-friendly, next-generation ISHIN-II ferry.
MOL aspires to be a high-quality, customer-oriented transport company, while further pursuing enhanced passenger comfort and ongoing reductions in our environmental burden.
Following the Tohoku-Pacific Ocean Earthquake, MOL Ferry Co., Ltd., an MOL Group company, assisted in the transportation of Japan Self-Defence Forces (JSDF) personnel and emergency vehicles to the affected region, and played an important role in providing transport for supplies and personnel to areas badly hit by the disaster for the duration of the emergency.
<Business Performance during FY2010>
In the ferry business, we carried on from the previous fiscal year thorough rationalization efforts such as reducing the number of ships and curtailing personnel costs, as well as changing ports of call to acquire new cargo trade, thereby improving performance considerably along with a general tone of recovery in the economy. However, it was not enough to return to profitability and a loss was reported for the fiscal year under review...more
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