Memorial Ceremony Held at the Kashimanada Coast
-177 Officers and Employees of MOL Group Participated -

October 23, 2025

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto), today announced that it held a memorial ceremony at Nikkawahama Beach, Kashimanada Coast (Ibaraki Prefecture) on October 9, the ceremony was attended by 177 executives and employees of the MOL Group.

On October 6, 2006, the VLOC GIANT STEP ran aground and sank off Kashima, resulting in the tragic loss and missing 10 crew members. This initiative aims to preserve the lessons learned from the tragic accident and to foster a safety culture that draws on past experiences to prevent future incidents.

This initiative is positioned as one of 'Safety Action 1.0,' Reform safety awareness through mutual enlightenment" which aims to realize the "MOL Group Safety Vision" and as part of the "BLUE ACTION for ALL Campaign", in which the entire group works together to conduct various social contribution activities.

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 "Human & Community -Contributing to the growth and development of people and communities-."