MOL Establishes 'MOL Bay Links' Group-wide Holding Company for Tugboat Services

July 01, 2025

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced the establishment of MOL Bay Links Co., Ltd., a holding company aimed at strengthening the foundation of the MOL Group's tugboat services.

Effective July 1, MOL transferred all shares it held in Nihon Tug-Boat Co., Ltd. (President: Keizo Tamura; Headquarters: Kobe-shi, Hyogo), Green Shipping, Ltd. (President: Koji Tsue; Headquarters: Kitakyushu-shi, Fukuoka), and Green Kaiji Kaisha, Ltd. (President: Nobuo Tsuboi; Headquarters: Nagoya-shi, Aichi) to MOL Bay Links, thereby establishing it as a holding company.

Establishment of MOL Bay Links will optimize the organization and enhance group-wide competitiveness while maintaining the regional initiatives of Nihon Tug-Boat, Green Shipping, Green Kaiji Kaisha, and their subsidiaries.

(Reference)

• Overview of the holding company
  • Name: MOL Bay Links Co., Ltd.
  • Location: 2-1-1 Toranomon, Tokyo
  • Representative: President Hiroyuki Kakehashi
  • Shareholder: MOL 100%
  • Start of operations: July 1, 2025
• Overview of the companies involved
  [Nihon Tug-Boat Co., Ltd.]
  • Location: 5 Kaigan-dori, Chuo-ku, Kobe-shi, Hyogo
  • Representative: President Keizo Tamura
  • Shareholder: MOL Bay Links 100%
  • Business: Tugboat operation, shipping, ship chartering, etc.
  • Established: 1967
  • Website: https://nihon-eisen.co.jp/
  [Green Shipping, Ltd.]
  • Location: 1-5 Minatomachi, Moji-ku, Kitakyushu-shi, Fukuoka
  • Representative: President Koji Tsue
  • Shareholder: MOL Bay Links 100%
  • Business: Shipping agency, tugboat operation, customs clearance, warehousing, etc.
  • Established: 1930
  • Website: https://www.greenship.co.jp/
  [Green Kaiji Kaisha, Ltd.]
  • Location: 4-6, Irifune 2-chome, Minato-ku, Nagoya-shi, Aichi
  • Representative: President Nobuo Tsuboi
  • Shareholder: MOL Bay Links 100%
  • Business activities: Tugboat operation, ship chartering, coastal shipping, etc.
  • Established: 1969
  • Website: https://greenk.co.jp/

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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-" and "Environment -Conservation for Marine and global environment-".