#Japan #Tokyo #MOL Bay Links #Tugboat Operations #Nihon Eisen

MOL Establishes New Holding Company

Mitsui O.S.K. Lines, Ltd. (MOL), led by President Go Hashimoto, has announced the creation of a new holding company named MOL Bay Links Co., Ltd. This strategic move aims to strengthen the foundation of its tugboat business, which is a crucial segment of the company’s maritime operations.

Effective July 1, 2025, MOL will transfer all shares of its consolidated subsidiaries—Nihon Eisen Co., Ltd., Green Shipping Co., Ltd., and Green Marine Co., Ltd.—to the newly formed MOL Bay Links. By doing so, MOL aims to optimize organizational structure and enhance the overall competitiveness of its tugboat services while ensuring that local initiatives by these subsidiaries continue to thrive.

Overview of MOL Bay Links

• - Company Name: MOL Bay Links Co., Ltd.
• - Location: 2-1-1 Toranomon, Minato-ku, Tokyo, Japan
• - Representative: President Hiroyuki Kido
• - Shareholder: 100% owned by MOL
• - Commencement of Operations: July 1, 2025

This organizational restructuring will allow MOL to more efficiently manage its tugboat segments under the holding company while fostering a collaborative approach within its regional operations. Each subsidiary will retain its focus but benefit from coordinated strategies aimed at improving service efficiency and expanding market share.

Details of Subsidiaries

Nihon Eisen Co., Ltd.

• - Location: 5 Kaigandori, Chuo Ward, Kobe, Hyogo, Japan
• - Representative: President Keizo Tamura
• - Shareholder: 100% owned by MOL Bay Links
• - Business Activities: Tugboat operations, shipping services, vessel leasing, and more
• - Founded: 1967
• - Website: Nihon Eisen

Green Shipping Co., Ltd.

• - Location: 1-5 Minato-machi, Moji Ward, Kitakyushu, Fukuoka, Japan
• - Representative: President Koji Tsue
• - Shareholder: 100% owned by MOL Bay Links
• - Business Activities: Shipping agency services, tugboat operations, customs and warehousing services, and more
• - Founded: 1930
• - Website: Green Shipping

Green Marine Co., Ltd.

• - Location: 2-4-6 Irifune, Minato Ward, Nagoya, Aichi, Japan
• - Representative: President Nobuo Tsuboi
• - Shareholder: 100% owned by MOL Bay Links
• - Business Activities: Tugboat operations, vessel leasing, and domestic shipping
• - Founded: 1969
• - Website: Green Marine

Through this restructuring, MOL is not only aligning its resources for greater operational efficiency but also ensuring that the specialized services provided by its subsidiaries remain intact, thus contributing significantly to maritime operations in Japan and beyond. The enhanced collaboration among the companies under MOL Bay Links is expected to lead to innovative solutions and improved service offerings in the tugboat and maritime industries.

As MOL ventures into this new organizational structure, the company continues to reinforce its commitment to excellence and competitiveness in its operations, setting a precedent in the maritime industry.