Japanese shipping company Mitsui OSK Liners (MOL), the world’s second largest by fleet size, is in discussions with the Indian government about building ships in India, a senior executive said on Tuesday.
Capt Anand Jayaraman, Executive Officer for MOL (India) South Asia Middle East Region, stated that the company has re-registered 13 vessels in India, including 10 under MOL India and 3 under IFSC, out of its global fleet of 935 ships. “We are a shipowner company… India is where growth is, and the country has also announced a subsidy scheme for the shipping sector,” Jayaraman said during a media briefing.
The company did not disclose further details regarding the potential shipbuilding projects.
Mitsui OSK Liners (MOL) is a Japanese shipping company headquartered in Tokyo, operating as a subsidiary of Mitsui O.S.K. Lines, Ltd. It manages a large global fleet across multiple maritime sectors, including container shipping, bulk carriers, tankers, and specialized vessels.