MOL establishing Pakistan subsidiary

MOL establishing Pakistan subsidiary Japan’s Mitsui O.S.K. Lines will April 16 open a wholly owned subsidiary in Pakistan to take over the agency duties from Asiatic Shipping Agencies.
   The new company, Mitsui O.S.K. Lines (Pvt.) Ltd., will be the sole agency in Pakistan for MOL’s liner, non-liner and ocean consolidation businesses. It will be under the control of MOL (Asia) Ltd. in Hong Kong, which oversees MOL’s operations throughout Asia.