MOL to Establish Subsidiary in Pakistan

TOKYO – Mitsui O.S.K. Lines, Ltd. (MOL; President: Akimitsu Ashida) today announced the opening of a new subsidiary in Pakistan effective April 16. Mitsui O.S.K. Lines Pakistan (Pvt.) Ltd. will handle all MOL’s liner and non-liner business and ocean consolidation business (OCB). The new company will assume the duties currently handled by Asiatic Shipping Agencies(Pvt.) as MOL’s sole agent in Pakistan.