MOL Unveils Inter-System Linkage for Optimal Supply Chain

In a pioneering move, Mitsui O.S.K. Lines (MOL) has announced the launch of an inter-system linkage between its cutting-edge platform, "Lighthouse," and the supply-demand management system of
Lighthouse
LighthouseImage Source – MOL

In a pioneering move, Mitsui O.S.K. Lines (MOL) has announced the launch of an inter-system linkage between its cutting-edge platform, "Lighthouse," and the supply-demand management system of Nippon Steel Corporation. This breakthrough integration aims to empower bulkship customers with a comprehensive range of ocean transport information, enabling them to optimize their supply chains. The order of this groundbreaking initiative was placed in December 2022.

Previously, Nippon Steel relied on limited information sharing from various shipping companies, including MOL, to acquire data on ocean transport for raw material procurement. However, the linkage between Nippon Steel's supply-demand management system and MOL's Lighthouse platform will provide customers with continuous monitoring and updates on critical information such as vessel schedules and cargo details. This real-time access extends not only to MOL-operated vessels but also includes other shipping lines, enabling the conversion of abundant information into valuable data.

MOL's objective is to leverage data and digital technology to assist customers in optimizing their supply chains, encompassing not just ocean transport but the entire spectrum from raw material procurement to production. By embracing these transformative strategies, MOL aims to enhance service quality, minimize the environmental impact of ocean transport, and ultimately achieve net-zero greenhouse gas (GHG) emissions. This forward-thinking approach aligns with MOL Group's commitment to earning the trust of diverse stakeholders and delivering high-quality transport services while creating new value through digital technology.

The integration of Lighthouse and Nippon Steel's supply-demand management system represents a significant leap forward in supply chain management, facilitating informed decision-making and operational efficiency. The utilization of data-driven insights will empower customers to make strategic choices, optimize their resources, and contribute to a more sustainable future. This initiative is poised to make significant contributions to MOL Group's sustainability efforts, particularly in the areas of safety, environmental conservation, and innovation in marine technology.

MOL Group remains dedicated to realizing a sustainable society by proactively addressing key sustainability issues through its business operations. The innovative inter-system linkage represents a pivotal step towards achieving the group's sustainability goals while offering customers exceptional transportation services and unlocking new value through the adoption of digital technology.

Lighthouse is a groundbreaking service that enables safe, real-time sharing and monitoring of various ocean transport information, including vessel schedules, weather conditions, ocean data, cargo details, and contractual data. This customized platform caters to the unique requirements of stakeholders involved in the transport process, such as shippers and vessel operators.

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