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MOL (Mitsui O.S.K. Lines, Ltd.) (TYO: 9104) is a Japanese

Mitsui O.S.K. Lines

transport company whose main area of operations is international shipping. Its alligator logo can be seen on containers in ports around the world.
Founded as a key part of the Mitsui zaibatsu (family-owned conglomerate) during the early industrialization of Japan, the company is now independent of the zaibatsu, but remains part of the Mitsui keiretsu (group of aligned companies).
Many heads of this company have wielded considerable power in Japan and abroad. One of the latest is Masaharu Ikuta, who has been appointed to head the newly privatized Japan Post.
Carrying ore
Both OSK and MS had ore carriers, and after the merger MOL held the largest share of the Japanese ore market. The Yachiyosan Maru, at 123,800 DWT, built in 1970 under a cargo guarantee from Nippon Steel Corporation, was the largest ore carrier in Japan at that time. MOL built Oppama Maru, the first car carrier in Japan, in 1965 under cargo guarantee from Nissan Motor Company. MOL could not carry cars at a low freight rate because it had to stick to the conference rate. Nissan therefore established the Nissan Motor Car Carrier Co. in 1970 to operate the Oppama Maru and transport its cars. Based on this model, MOL and Honda Motor Co. established the Act Maritime Co. in 1973 to carry Honda cars to the United States.
Passenger service
In 1970 MOL established Mitsui OSK Passenger Co., Ltd. (MOP), with the reorganization of JES. MOP has three passenger ships. The company was the only one in Japan to operate an ocean-going passenger service at that time, but later in the 1990s a few Japanese shipping companies entered this market to cope with the boom in travelling by sea.
Restructuring
In 1984 the Maritime Act of the United States was revised and the mandatory independent action clause was introduced. This gave shipping companies the right to introduce a discount tariff if registered at the Federal Maritime Commission. The conferences on North American routes became extremely weak and freight rates on the routes dropped sharply. Every route between the Far East and the United States made losses and MOL's business performance deteriorated again. Once more, MOL worked hard to curtail expenses and establish greater competitiveness on these routes. In the same year it decided to enlarge its container terminal facilities at Los Angeles, and also installed its own container terminals at Asian ports, including Kaohsiung.
LNG
In 1983 the import of liquefied natural gas (LNG) on Free on Board (FOB) conditions began as part of the diversification of Japan's energy resources, and MOL, NYK, Kawasaki Steamship, Chubu Electric Power Company, Incorporated and other Japanese electricity and gas companies jointly established two specialized companies, Badak LNG Transport Inc. and Arun, to transport LNG from Indonesia. These two companies operated seven LNG ships, constructed by MOL and other shipping companies. MOL also took delivery in 1983 of the Kohzan Maru, Japan's first large-sized methanol carrier, and transported methanol from Saudi Arabia to Japan. Japan's exports of industrial plant grew at that time and modularization began. MOL was interested in the transportation of massive plants and took delivery of five specialized ships, including the Atlas Maru, equipped with a 600-ton capacity derrick, one of the largest in the world. Plant exports began to decline in the late 1980s and these special ships were mostly sold or changed their flags.
Internationalization
MOL's financial activities became more international after the first oil crisis. The company issued corporate debentures and warrant bonds on the Swiss capital market. Shareholders' equity was ¥57.36 billion, and net income ¥5.94 billion in 1991.
In the same year, the number of directly owned vessels was 54, aggregating 4.15 million DWT, and there were 296 operating vessels, aggregating 13.43 million DWT.
Principal subsidiaries
• International Energy Transport Co., Ltd. (45%)
• International Marine Transport Co., Ltd. (58%)
• Mitsui OSK Passenger Line Co., Ltd. (51%)
• M.O. Seaways, Ltd. (99%)
• International Container Terminal (92%)
• The Shosen Koun (62%)
• Trans Pacific Container Service (90%)
• Japan Express Co., Ltd. (Kobe) (86%)
• Japan Express Co., Ltd. (Yokohama) (81%)
• Blue Highway Line (25.4%)
• Kusakabe Steamship Co., Ltd. (80%)
• Mitsui OSK Kogyo Kaisha, Ltd. (79%)
• Euromol B.V. (100%)
• MOL International S.A. (100%)
• Orange Finance Ltd. (100%)
• Arabian Marine Bunker Sales Co., Ltd. (90%)
日本商船三井株式会社简介
　　商船三井（Mitsui O.S.K. Lines, Ltd 简称：MOL）是日本的大型海运公司，在东京证券交易所(TYO: 9104 )上市。总部位于日本东京都港区。因为公司最早的源流为大阪商船，所以登记上的本部地址为大阪市北区中之岛。
　　商船三井与日本邮船及川崎汽船并称为日本三大海运公司，以纯利润及市价总值计算居日本第一位，而销售额则仅次于日本邮船。商船三井是三井集团的三井船舶与住友集团的大坂商船合并而成的，合并后公司名称为“大坂商船三井船舶”，在1999年，与三和银行（今 三菱东京UFJ银行）旗下的公司合并，并改为现今的公司名称。商船三井的货柜是以鳄鱼扛货柜为标志，是个明显又有趣的特征。
　　不同于马士基等以集装箱运输为主的海运公司，商船三井的经营范围涉及到各个船种。截止到2008年3月底，共计拥有各类商船845只，5,434万重量吨，是世界最大的船队。同时商船三井拥有业界第一位的LNG船队，以及强大的干散货船和汽车滚装船，而集装箱运输领域则居世界10名左右。商船三井的集装箱是以鳄鱼扛集装箱为标志，是个明显而有趣的特征。
在2008年财富世界500强排名中，商船三井与马士基，日本邮船及中远集团作为仅有的四家国际航运企业入选。
商船三井在中国
　　商船三井在中国有一百三十年的宝贵经验。追溯至1878年，蒸汽船 “秀吉丸” 从日本九州的三池运送煤炭到中国来。今天，中国已成為一个煤炭主要出口国，但商船三井仍肩负着运输责任，参与其中。
　　自十九世纪以来，商船三井(原大阪三井)积极地参与经营中国与日本之间的客运及货运业务，范围遍及大连，天津(塘沽)，上海，汉口(武汉)，福州，厦门，广州等地区。
　　商船三井(中国)有限公司成立于1995年，总部设于上海，为商船三井的全资附属子公司，目前有27个分公司/代表处，及约有三百名员工，并分布在沿海各重要口岸及城市。随着中国进出口市场不断地蓬勃发展，商船三井(中国)公司的业务量亦同步共进。

——2006《福布斯》全球2000领先企业榜第571位.
——2006年全球物流企业100强排名第19位.
——2007《福布斯》全球上市公司2000强第557位.
——2008《福布斯》全球上市公司2000强第530位.
——2008年《财富》全球500强排名第494位.

日本商船三井株式会社网站:http://www.mol.co.jp/