Mitsui OSK Lines has announced its decision to integrate two wholly owned ferry and coastal RORO vessel operating companies MOL Ferry and Ferry Sunflower. On 1 October 2023, the companies will be merged, with MOL Ferry as the surviving company. As a result of the merger, the new company will be Japan's largest ferry and coastal RO RO Vessel Company.MOL will establish a new "Headquarters of Wellbeing & Lifestyle Business" in April 2023, bringing together its ferry, coastal RO RO vessel, real estate, cruise ship, and other businesses, and making them one of pillars of MOL business. The company intends to achieve further growth by integrating these two companies, which play a core role in the MOL Group's ferry business.Aiming to flexibly meet changes in customer transportation needs and further improve transport services by concentrating the management resources of the group companies, with an eye toward a decarbonized society, digital transformation (DX), and solutions to logistics and social issues stemming from Japan's declining birthrate and aging society, as typified by the shortage of truck drivers.
Mitsui OSK Lines has announced its decision to integrate two wholly owned ferry and coastal RORO vessel operating companies MOL Ferry and Ferry Sunflower. On 1 October 2023, the companies will be merged, with MOL Ferry as the surviving company. As a result of the merger, the new company will be Japan's largest ferry and coastal RO RO Vessel Company.MOL will establish a new "Headquarters of Wellbeing & Lifestyle Business" in April 2023, bringing together its ferry, coastal RO RO vessel, real estate, cruise ship, and other businesses, and making them one of pillars of MOL business. The company intends to achieve further growth by integrating these two companies, which play a core role in the MOL Group's ferry business.Aiming to flexibly meet changes in customer transportation needs and further improve transport services by concentrating the management resources of the group companies, with an eye toward a decarbonized society, digital transformation (DX), and solutions to logistics and social issues stemming from Japan's declining birthrate and aging society, as typified by the shortage of truck drivers.
