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MOL and FESCO up cooperation

MOL and FESCO up cooperation

Tokyo: Mitsui O.S.K. Lines, today announced plans to upgrade the Japan-Russia route, Japan Trans Siberian Line (JTSL), jointly operated by MOL and Far Eastern Shipping Company TG (FESCO) from by-weekly to weekly sailings.

MOL and FESCO are the only ocean shipping companies to provide direct service, between Japan and Russia. Along with the direct service, the companies will launch a new Busan transhipment service to connect Japan and Russia in mid-June and offer Japan-Russia service weekly. These moves will enhance service quality and more effectively meet customer needs.

MOL Executive officer Junichiro Ikeda said, "Russia has been one of the most important emerging countries, and it is one of the markets MOL is focusing on in the new mid-term management plan, GEAR UP! MOL. FESCO and MOL are the only carriers that operate direct service between Japan and the Russian Far East. Our service has been bi-weekly for a long time. We are taking this opportunity to launch the Busan transhipment service and increase our service frequency to weekly sailings."

FESCO Director Dmitriy Maslov commented, "FESCO has been operating JTSL in conjunction with MOL since 1972. It is pleasant to recognize that the cooperation with MOL is longer than with any other foreign partner of FESCO. MOL and FESCO are doing their best to continue services connecting Japan and Russia and increase the cargo flow."    [24/05/10]

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