MOL Raises 55 Million to Assist Rescue and Relief Efforts

MOL continues to raise money for Japan relief

2011-05-19

LONDON, ENGLAND, May 19, 2011 (Press-News.org) Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today reported that it has donated a total of about 55 million to the Japan Red Cross Society and Central Community Chest for the Great East Japan Earthquake relief efforts. MOL raised the donation among MOL Group executives and employees through a massive, group-wide effort to support victim relief and reconstruction of quake-stricken areas, in which many of them participated.

Immediately after the earthquake, MOL donated 50 million as a company and then launched the fundraising drive within the group. The donation initiative started in Japan, but soon MOL Group subsidiaries and affiliates, ship management companies, business partners, and others around the world threw their support behind the effort, and eventually a total of 88 companies took part, including MOL, and the donation came to about 55 million. In addition, seven overseas group companies have donated separately through their local Red Cross organizations and other agencies.

The MOL Group pledges continued efforts toward reconstruction of the quake-stricken areas by providing vessels to transport aid supplies and other activities.

NOTES TO EDITORS:

MOL is one of the world's largest multi-modal transport companies, operating 861 vessels and employing a workforce in excess of 9,200 worldwide. MOL operates one of the largest and most diverse networks of liner and logistics services around the globe, including weekly Transpacific, Transatlantic, Americas and Asia-Europe services. Please visit the company's website at http://www.MOLpower.com.

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Kenji Jitsu, General Manager
Corporate Planning Division, CSR and Environment Office
Mitsui O.S.K. Lines, Ltd.
Tel: +81-3-3587-7063/Fax: +81-3-3587-7702
E-mail: plemo@mail.mol.co.jp

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MOL Raises 55 Million to Assist Rescue and Relief Efforts

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