MOL Completes Merger of 6 Ship Management Companies
- Unifying Management of Over 200 Vessels and Strengthening Safety -

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Jotaro Tamura, Headquarters: Minato-ku, Tokyo) today announced that it has completed the integration of the MOL Group’s six ship management companies ^{(Note 1)} into MOL Global Ship Management Pte. Ltd. (MOLGSM, ^{Note 2}). With this integration, MOLGSM will oversee the unified management of more than 200 vessels across the MOL Group, further strengthening the safety management framework.

[MOLGSM Overview] As of September 1, 2026

Company Name	MOL Global Ship Management Pte. Ltd.
Location	5 Shenton Way #14-06 UIC Building Singapore 068808
Tel.	+65-6420-4495
Representative	Mitsuhisa Tanimoto
Shareholders	MOL 100%
Business	Ship management
Main Locations	Singapore (Headquarters), U.K., Japan

MOL will accelerate the implementation of safety measures across all vessel types, promote a unified safety culture, facilitate knowledge sharing, and foster globally capable talent, by integrating the group’s six vessel management companies-which were previously organized by vessel type-into MOLGSM. The merger will also centralize safety and quality data and insights-which were previously dispersed across various locations-on a group-wide basis and enhance specialist capabilities across the organization, to respond to changes in the business environment, including geopolitical risks and increasingly stringent environmental regulations. In addition, MOLGSM will work to standardize and optimize operations through technologies such as AI and data analytics to enable rapid and advanced decision-making, while ensuring the safe implementation of new initiatives, including alternative-fuel vessels and other emerging technologies.
The MOL Group will further accelerate its initiatives to achieve "Leading in Safety," as set forth in the "MOL Group Safety Vision-BLUE ACTION 2035 Phase 2" ^{(Note 3)}, while contributing to the realization of a sustainable society.

(Note 1) The six companies consolidated under MOLGSM are: (1) MOL LNG Ship Management Pte. Ltd. (Singapore, Hong Kong, India) (2) MOL SHIP MANAGEMENT (SINGAPORE) PTE. LTD. (Singapore) (3) MOL TANKSHIP MANAGEMENT PTE. LTD. (Singapore, London) (4) MOL LNG Transport Co., Ltd. (Japan) (5) MOL SHIP MANAGEMENT CO., LTD. (Japan) (6) MOL LNG TRANSPORT (EUROPE) LTD. (U.K.)
Company (1) above is the surviving entity, which changed its name to its current designation-MOL Global Ship Management Pte. Ltd.-effective July 22, 2025, and has been progressively transferring the ship management contracts and functions of the other five companies.

(Note 2) Please refer to the July 22, 2025, press release: MOL Integrates Group Ship Management Companies, Consolidating Functions into MOL Global Ship Management - Combining Expertise across Ship Types to achieve the Goal of "Leading in Safety" -

(Note 3) "The MOL Group Safety Vision-BLUE ACTION 2035 Phase 2" is positioned as a basic policy linked to the sustainability issue of "safety," with "human life," "the marine environment," and "stable operations" as its priority themes. In addition, MOL has identified the following as its main actions: empowerment of human capital supporting safety; development of safety infrastructure centered on technology; proactive risk and crisis management; safety awareness-raising activities through mutual engagement; and pursuit of optimal organizational structures and operational processes.

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The MOL Group 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", "Human Capital" and "Digital Transformation."