In his inauguration message on 23 June, Mitsui OSK Lines’ (MOL’s) new president Junichiro Ikeda said that the company must continue to innovate in the face of an ever-changing shipping industry.
Ikeda noted that financial year (FY) 2015 is the second year of “STEER FOR 2020”, MOL’s mid-term management plan that began in FY 2014.
The plan calls for MOL to achieve growth through innovating its portfolio and business model.
Saying that he had grasped the need to be “excellent and resilient”, Ikeda added, “The world economy continues to expand, and demand for ocean transport is growing steadily. On the other hand, the world political and economic situations and the environment surrounding the ocean shipping industry are changing drastically.”
Ikeda believes MOL’s staff and seafarers will work to gain the trust of customers by operating safely as well as providing competitive and reliable shipping services.
He said, “I think the human qualities of each executive and employee will help set our company apart in an industry where it is difficult for competitors to differentiate themselves. About 20,000 of our people, on land and at sea around the world, will draw upon their skills, personalities, and experience to meet every challenge, no matter how difficult, and maintain the highest levels of ethics and fair business practice, in compliance with laws, regulations, and social norms.”