International Marine Transport and MOL Tankship Management Agree on Merger
Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that two of its group companies—International Marine Transport Co., Ltd. and MOL Tankship Management Ltd. - have agreed to merge effective April 1, 2011, and continue and expand their business as MOL Ocean Expert Co., Ltd. The merger plan was approved by the shareholders' meetings of both companies.
The details are as follows:
1. Outline of new company
Name: MOL Ocean Expert Co., Ltd.
Address: 2-1-1 Toranomon, Minato-ku, Tokyo
Paid-in-capital: 100 million
President: Hiroki Kasai
No. of employees: ...


