MOL Launches 'MOL Maritex' Marine Technology Expert Group Centered on Digital Technology

January 31, 2025

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced the launch of MOL Maritex Co., Ltd., a new company (Note 1) created by the merger of three MOL Group companies-MOL Marine & Engineering Co., Ltd. (President and CEO: Kazuhiko Kikuchi; Headquarters: Minato-ku, Tokyo), MOL Ocean Expert Co., Ltd. (President: Shingo Takiguchi; Headquarters: Minato-ku, Tokyo), and MOL Ship Tech Inc. (President: Yuji Anada; Headquarters: Minato-ku, Tokyo) effective April 1, 2025.

The company name is a fusion of the names of the three merged companies (Note 2) and expresses the aspiration to become an "EX (PERT)" group in maritime "MARI (NE)" and technology "TE (CH)." The "X" in Maritex represents "future-oriented, challenging the unknown" and "a combination of the three companies' capabilities."

MOL Maritex will not only lead the way in marine safety and environmental protection by combining the strengths of the three companies, but will also offer services as a professional maritime technology group with a focus on "Digital Transformation of the Maritime Industry (DX)" and "Initiatives for a Carbon-Neutral Society (GX)." It will also support the growth businesses the MOL Group is focusing on, including the wind power generation-related business and offshore business, and in the future, will contribute to the realization of a carbon neutral society in the maritime industry by providing new value-added services through the combination of the merged three companies' capabilities.

[Outline of MOL Maritex after April 1, 2025]

Company name	MOL Maritex Co., Ltd.
Location of the Head Office	2-1-1 Toranomon, Minato-ku, Tokyo (same as present address)
Date of company name change	April 1, 2025
Paid-in capital	¥100 million
Representative	Kazuhiko Kikuchi
Business	Maritime consulting, cable-laying ship business, maritime training, offshore wind power, on-site business, maritime agency services, new shipbuilding supervision, ship design consulting, etc.
No. of employees	About 150

(Note 1) For details, please refer to the October 4, 2024, press release: MOL to Merge 3 Group Companies to Form a Technical Hub that puts Maritime Industry on Path to Achieve Decarbonization

(Note 2) Fusion of MOL Marine & Engineering "MARI (NE)", MOL Ship Tech "TE (CH)", MOL Ocean Expert "EX (PERT)" company names

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MOL Group 5 Sustainability Issues
MOL Group identifies "Sustainability Issues" (Materiality) as our key issues for sustainable growth with society through realization of the Group Vision.
We anticipate this initiative to contribute especially to the realization of "Safety & Value -Provide added value through safe transportation and our social infrastructure business-", "Environment -Conservation for Marine and global environment-" and "Innovation -Innovation for development in marine technology-."