MOL joins smart port project backed by Hong Kong government

Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) has joined the e-Smart Port Platform Prototype Project, a Hong Kong government initiative to develop Hong Kong’s logistics functions and port community integrative platform. 

MOL, along with its logistics group companies in Hong Kong, has been selected as the first overseas company to become a partner.

The company also signed a Memorandum of Understanding (MoU) with the Logistics and Supply Chain MultiTech R&D Centre (LSCM), a Hong Kong government-subsidized technology research organization implementing this project.

MOL’s companies are developing their businesses to meet the various logistics needs of clients.

The following group companies will provide information on actual logistics conditions and other data in Hong Kong to LSCM under the supervision of MOL:

• MOL Logistics (H.K.) Limited (comprehensive sea, land, and air forwarding business);
• MOL Consolidation Service Limited (purchase order (PO) management, consolidation):
• MOL Worldwide Logistics (non vessel operating common carrier (NVOCC) sea freight).

All of the group companies are united to contribute to the growth of the logistics industry in Hong Kong through this project, and aim to offer more convenient logistics services

The e-Smart Port Platform Prototype Project aims to improve Hong Kong’s function as an international trade and logistics hub. It is also a major project that will be linked to China’s “Guangdong-Hong Kong-Macao Greater Bay Area Development Plan,” which is expected to show further growth in the future.

As part of its decarbonisation efforts, MOL recently decided to invest in startups that are developing decarbonisation technologies in the energy sector.