MOL Establish Its Subsidiary MOL (Peru) S.A.C

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April 25, 2012
MOL Establish Its Subsidiary MOL (Peru) S.A.C

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that the company established a subsidiary, MOL (Peru) S.A.C., in Peru. The country was chosen because it shows more stable growth than other South American nations. With the new subsidiary, MOL will consolidate its business structure and further expand north-south containership routes to further improve customer services.

<Outline of New Company>

Name : MOL (PERU) S.A.C.
Location : Lima (capital of Peru)
Business start : May 2, 2012
Paid-in capital : US$470,000
Shareholders : Wholly owned by MOL
Business : MOL liner shipping agency in Peru
Representative : Jean Pierre Thorin Brauer (General Manager)
No. of employees : 19

Press Release: 2012
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