Japanese shipping company Mitsui O.S.K. Lines (MOL) revealed its plans to proceed to a large number of changes as part of an organizational restructuring, which will come into force from April 1, 2018.
One of the changes regards the Head Office organization, which is made up of divisions and offices, and it will now be unified into divisions, to restructure and organize the organizational system and allow divisions to more effectively allocate their resources.
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Moreover, MOL will divide the Tanker Division into Tanker Division (A) and Tanker Division (B) to create a more customer-focused approach. The Tanker Division (A) will be responsible for the crude oil tanker business and the Tanker Division (B) will focus on petroleum product tanker and methanol tanker businesses.
Furthermore, MOL will create the Corporate Marketing Division which will focus in operations of the One MOL Business Strategy Execution Office in the current Corporate Planning Division, win order to promote business activities across regions and organizations.
Other changes include the establishment of new divisions such as, Ferry Business Division, Liner Business Management Division, Corporate Audit Division, Corporate Communication Division and Secretaries & General Affairs Division.
