MOL has announced plans to restructure its organisation from 1 April 2018, with the establishment of different business divisions.
MOL said it will establish a liner business management division to “fulfil its management role as one of the major investors in Ocean Network Express (ONE), into which the liner division is being integrated”.
It will divide the tanker division into tanker division (A) and tanker division (B) to create a more customer-focused approach and establish a ferry business division.
The Japanese carrier will also establish a technology innovation unit and the position of chief technical officer to supervise operations as a representative of the unit.
MOL will transfer operations of its environment and emission-free business, which was positioned as a business for future development in its ‘Rolling Plan 2017’, from the corporate planning division to the new business creation and group business division. It aims to accelerate the business and will rename the new business creation and group business division, the new and clean energy business division.
ONE completed its approval process in January this year, with operations slated to begin 1 April 2018.