Mitsui O.S.K. Lines Ltd., (MOL) announced its intent to merge its wholly-owned subsidiaries MOL Marine Co., Ltd. and MOL Engineering Co., Ltd., effective April 1. The outline of the merger is as follows:
The merging companies were both established in 1988. Since then, MOL Marine’s core competence has been consultancy related to port harbor facilities and marine traffic, training of seafarers using large simulators. It also manages submarine cable-laying vessels, which are indispensable for...