MOL opens four offices in India
Mitsui O.S.K. Lines will open four branch offices in southern and eastern India on Friday, the company said.
The new offices are in Chennai, Kochi, Tuticorin and Kolkata. MOL India was launched as a wholly owned subsidiary of the Japanese carrier in March 2002 and started operations in Mumbai with a branch office in New Delhi. In 2006, MOL India opened a second branch office in Ahmedabad.
'MOL India now deems it necessary to expand the scope and role of its branch office network to continue its expansion strategy in southern and eastern India, which is experiencing tremendous economic growth,' the company said in a statement. 'MOL India has expanded into a wide variety of ocean shipping businesses in southern and eastern India through International Clearing and Shipping Agency (ICSA) as its sole agency for many years. The new agency will retain ICSA employees, who bring decades of experience and know-how, ensuring a smooth operational transfer from the old agency to the new.