Press Release


Press Release

June 27, 2018

MV25 Supports Study of Infectious Diseases in Ghana
- Contributing to Stronger Ties between Japan and Ghana, Promoting Advances in Medical Research -

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that on May 18, T.E.N. Ghana MV 25 B.V. (MV25), in which MOL holds a 20% stake, provided a monetary donation of US$250,000 to Tokyo Medical and Dental University to study infectious diseases at the University of Ghana's Noguchi Memorial Institute for Medical Research.

MV25 offers services such as leasing, maintenance, and inspection of a floating production, storage, and offloading system (FPSO) for Tullow Ghana Limited, an operator of the Tweneboa, Enyenra, Ntomme (TEN) mining area in the Deepwater Tano region. The FSPO, which was named "FPSO Prof. John Evans Atta Mills", derived from the name of the former president of Ghana, is moored at sea in water 1,500m deep, and has produced crude oil and natural gas since 2016. Through this business, MV25 contributes to the growth of Ghana's industry and enhances its relationship with Japan. At the same time, it seeks out opportunities to contribute to society and promote the nation's development. This led to the decision to make the donation to study infectious diseases.

The Republic of Ghana is where Doctor Hideo Noguchi deceased while studying yellow fever, and the Noguchi Memorial Institute plays an important role as a center of medical exchange between Japan and West Africa. Through MV25, MOL provides monetary support for the center's studies, bridging research between Japan and Ghana, enhancing ties between the nations, contributing to advances in medical research.

[ MV25 Investment Ratio ]

Mitsui O.S.K. Lines, Ltd. 20.0%
MODEC, Inc. 20.1%
Mitsui & Co., Ltd. 30.0%
Marubeni Corporation 25.0%
Mitsui E&S Holdings Co., Ltd. 4.9%

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