Shipping
MOL TO BUILD LOGISTIC CENTER ON KOBE’S PORT ISLAND
November 5, 2024

Mitsui O.S.K. Lines, Ltd. (MOL) has announced its decision to construct a logistics centre, including two warehouses for dangerous goods and one warehouse for general cargo, on a site it owns on Port Island in the Port of Kobe.

 

The shipping line stated that this decision is aligned with the MOL Group's management plan, "BLUE ACTION 2035." This plan focuses on transforming the group's business portfolio to maintain profitability, even during periods of shipping recession. A key growth strategy involves increasing the proportion of non-shipping, stable-profit businesses, which can help mitigate the volatility of the shipping market.

 

MOL said investment in logistics in the real property business is part of this initiative.

 

Another strategic move aimed at fueling new growth, the group is strengthening its initiatives in total logistics for chemical products.

 

MOL said the new centre will be operated by MOL Group company Japan Express Co., Ltd., which has an import/export cargo freight business based at the Port of Kobe and an especially strong presence in the import/export cargo freight service of dangerous cargo.

 

This will allow MOL to add two new dangerous goods warehouses on Port Island by the spring of 2026, in addition to the warehouse it currently operates in Uozaki, near Rokko Island, providing customers with convenient and competitive logistics services.

 

Self Photos / Files - 3442d80568ff47019583c51cc49a5c45.png

 [CG rendering of the distribution centre. Source: MOL]

 

MOL said that for more than 100 years, it has positioned the Port of Kobe as a key base for its domestic business. Currently, the company continues to develop its port, logistics, tugboat, and real property businesses widely, mainly through group companies.

 

In July last year, MOL decided on a policy to expand the Kobe International Container Terminal, which it operates.

 

"With the construction of this logistics centre, MOL will offer stress-free service to its customers and contribute to the further development of the Port of Kobe," the ocean liner said.