May 13, 2002



MOL to Open New Office in Muscat, Oman


Mitsui O.S.K. Lines (MOL) opened its new office (General Manager: Nobuhiro TAKEGUCHI ) in Muscat, the capital of the Sultanate of Oman on April 22, 2002.

MOL co-owns a LNG carrier S/S "LAKSHMI" with The Government of the Sultanate of Oman ("GOSO") and The Shipping Corporation of India Limited, and will co-own with GOSO and Mitsui & Co., Ltd. another newly built LNG carrier to be delivered in 2004 by Kawasaki Heavy Industries, Ltd., Japan. The new office provides shipmanagement and operation services for the above two LNG carriers and as well to contribute to the development of the shipping industries in the Sultanate of Oman through the activity of new office in Muscat.

MOL is a worldwide leader in the safe, reliable transport of LNG, with experience dating back to 1983, when it launched a project to supply customers in Japan with gas from Indonesia. Since then, the company has steadily increased its involvement in the LNG trade, as is now involved in 20 transport projects. MOL is involved in the ownership or operation of about 50 LNG carriers worldwide, including several under construction. MOL expects considerable growth in the transport of LNG, which is an environmentally friendly source of energy.


The new Muscat office
Address : Al Khuwair House 4A/4B, Al Khuwair, Muscat, Sultanate of Oman
Tel : (968) 603320 Fax : (968) 602149