Mitsui O.S.K. Lines, Ltd. (MOL) has announced that, effective April 1, 2025, it will merge three of its subsidiaries focused on green maritime technology and engineering: MOL Marine & Engineering Co., Ltd. (MOLMEC), MOL Ocean Expert Co., Ltd. (MOLOX), and MOL Ship Tech Inc. (MOLST).
The merged entity will function as a professional technical group, offering a comprehensive range of services, including maritime consulting, new shipbuilding expertise, human resources training, crew support, and operational maintenance.
A significant emphasis will be placed on integrating digital technology to support MOL’s expanding ventures, particularly in the wind power generation sector, which is a major focus for investment and growth. This initiative aims to contribute to achieving a carbon-neutral maritime industry.
The merger will be an absorption, with MOLMEC remaining as the surviving entity. The new company’s name will be revealed in March 2025.
