Product Transport Business

Japanese

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Car Carriers

Our car carrier segment offers outstanding quality and highly competitive services, with a wealth of automobile transport experience and knowledge accumulated over many years and a strong emphasis on the safe transport of our cargoes. We are proud to have the world's first hybrid car carrier, which is designed to operate with zero emissions while berthed.



Business Performance of FY2018 2nd Quarter

Car Carriers Loading ResultsDespite having engaged in ceaseless efforts with respect to ensuring flexible vessel allocations in response to changes in the trade patterns and improving operating efficiency, ordinary profit decreased year on year in part due to the effect of quarantine problems prevailing on some routes, temporary decrease in shipment volume due to heavy rains in Western Japan and an increase in fuel costs.

Highlights & Strategy

Highlights & Strategy by Operating Segment - from MOL Report
MOL Report 2018: Product Transport Business-Car CarriersPDFPDF(184KB)

Containerships

Today's containerships transport a wide variety of cargoes - from completed products, parts and components, raw materials, to foods, and other general consumer products. This sector continues to see steady growth in step with the development of international outsourcing and rising global population. Our major trade takes place on Trans-Pacific and Asia-Europe routes, and through an international alliance between 6 carriers, we continue to provide high frequency and quality services. We also offer stable, reliable services on trades serving emerging nations in Asia, South America, and Africa, using an extensive network developed during our long history of liner operations.

Business Performance of FY2018 2nd Quarter

With respect to Ocean Network Express Pte. Ltd. (ONE), a company established through the integration of the containership businesses of MOL, Kawasaki Kisen Kaisha, Ltd. and Nippon Yusen Kabushiki Kaisha, profit/loss results fell below expectations despite synergies generated through business integration having emerged sooner than initially anticipated. This was due to drop in liftings and utilization rates resulting from the impact of teething problems immediately after the commencement of services in April this year, which failed to recover even during the summer peak season, along with additional negative effects from increased costs of returning containers to Asia, given a decrease in liftings on backhaul voyages from North America and Europe to Asia. As a result, the division recorded a loss for the first six months of the fiscal year.

Capcity by Trades (Results in FY2017)

Highlights & Strategy

Highlights & Strategy by Operating Segment - from MOL Report
MOL Report 2018: Product Transport Business-ContainershipsPDFPDF(70KB)

Ferries & Coastal RoRo Ships

MOL's three major ferries and coastal RoRo ships companies (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 offer new services such as "Dangan(bullet) Ferry" , arriving destination in the early morning and departing at night without any stay.

Business Performance of FY2018 2nd Quarter

The business of ferries and coastal RoRo ships observed a firm cargo volume having continued since the previous fiscal year amid a trend of accelerated modal shift, which reflects shortage and aging of the truck-drivers and tighter labor controls in Japan. In addition, aggressive promotion of the concept of casual cruises attracted more passengers. As a result, revenue was on par year on year. However, ordinary profit decreased year on year due to cancellations of services stemming from typhoons or defects on some ships as well as other factors such as higher fuel costs.

Highlights & Strategy

Highlights & Strategy by Operating Segment - from MOL Report
MOL Report 2018: Product Transport Business-Ferries & Coastal RoRo ShipsPDFPDF(107KB)

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