MOL celebrates 25 years of business operations in Indonesia

Japanese shipowner Mitsui OSK Lines (MOL) celebrated 25 years of its start-up of business operations in Indonesia with a reception in Jakarta last week.

Some 200 guests attended the party in Jakarta including Japanese Ambassador to Indonesia Masafumi Ishi.
MOL Indonesia launched its containership agencies business in 1994 and started weekly car carrier services to

Jakarta. MOL already had longstanding relationship with Indonesia in LNG shipping and had a representative office in Jakarta from 1972.

MOL president & ceo Junichero Ikeda addressed the gathering, saying, “Indonesia is expected to show further economic growth on the back of its abundant energy resources; it is also a vast land to the world’s fourth-largest population, and its importance will increase in the global economy.”

Japanese Ambassador Ishii said, “We hope that MOL group contributes to Indonesia’s future through training, job creation for Indonesian seafarer and further engagement in LNG transportation from and to Indonesia.”

Today MOL is not only involved in shipping in Indonesia but also a gas-to-power project using an FSRU to supply a thermal power plant in West Java State.

Posted 29 July 2019

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Marcus Hand

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Editor, Seatrade Maritime News Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with nearly two decades of experience covering the shipping industry in Asia. In addition to running Seatrade's maritime and offshore news website based from Singapore he is the Asia Editor of Seatrade Maritime Review. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Prior to joining Seatrade at the beginning of 2010 Marcus worked for shipping industry journal Lloyd's List for a decade and previous to that the Singapore Business Times covering shipping and aviation.

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