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Our Bureau

Chennai, June 4

Mitsui O.S.K. Lines (India) Ltd, a group company of the Japanese shipping line Mitsui O.S.K. Lines, has expanded its presence in the country by establishing four branch offices in southern and eastern India. The four branches in Chennai, Kochi, Tuticorin and Kolkata with 52 employees began operations from June 1.

With this expansion, MOL India has seven offices in total and more than 150 employees, the company said in its Web site. MOL India became a wholly owned subsidiary of MOL (Asia) in March 2002 with its head office in Mumbai and a branch office in New Delhi. In 2006, it opened a branch office in Ahmedabad. It expanded its shipping business in southern and eastern India through the Chennai-based International Clearing and Shipping Agency (ICSA) as its sole agency for many years. The new agency will retain ICSA employees ensuring a smooth operational transfer from the old agency to the new, the company said.

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