Akimitsu Ashida, President of Mitsui OSK Lines Ltd (MOL) on Wednesday announced the opening of a new subsidiary in Pakistan from 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), a private TV reported.
The new company will assume the duties, currently handled by Asiatic Shipping Agencies (Pvt) as MOL's sole agent in Pakistan.