Mitsui O.S.K. Lines (India) Pvt. Ltd (MOL India), the wholly owned subsidiary of Mitsui O.S.K. Lines, Ltd (MOL), the world's largest shipping and logistics major, recently shifted to its new office at Okhla in New Delhi, according to Exim News Service.

The new office was formally inaugurated on May 18 by Mr Masakazu Yakushiji, Vice-Chairman of MOL, Tokyo. Also present on the occasion were Mr Michael Goh, Chairman and MD of MOL Asia Ltd and Director of MOL Liner Ltd, Mr Sundeep Sibal, Regional Director, Asean South and West Asia Region, Mr Kazuya Gakuto, President, PT Mitsui O.S.K.Lines Indonesia, Mr Masateru Kawano, Director MOL India, and senior management staff of MOL India.

The dignitaries addressed the staff on MOL's performance in the past year as well as its future business plan. They also appreciated the steady growth achieved by MOL in India over the last decade and the efforts from all the staff of MOL India towards attaining the same.

Taking the opportunity, a customer meet was also organised the same evening to thank all customers for their valuable support to the growth of MOL in India and in particular the North India market.

Mr Sundeep Sibal welcomed the invitees and thanked them for their support to MOL.

In the keynote address, Mr Masakazu Yakushiji said the container shipping division has shown highly stable profit through middle and long term contracts. He also updated on MOL's future business plans for India including the recent setting up of its new dedicated office at Bangalore, taking the total number of dedicated MOL offices in India to 10. He thanked all the customers for their support and for showing confidence in MOL.

"We have now announced the revamping of our existing NKX service from Nhava Sheva effective May 19. We shall have two separate services, NCX and KPX covering ports of Nhava Sheva and Pipavav, respectively. The NCX service will offer a direct link between India and China. Our customers will greatly benefit with this new service," said Mr Yakushiji.