August 29, 2003
MOL Group's Logistics Company in China
Acquires First-Class International Freight Forwarding Agent License
TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL; President: Kunio Suzuki) today
announced that Shanghai Huajia International Freight Forwarding Co., Ltd.,
an affiliate of their group company MOL Logistics (Japan) Co., Ltd., has
acquired a license as a first-class International Freight Forwarding Agent
from the Civil Aviation Authority of China. The license took effect on
August 1, and allows the company to enhance its services as part of an
aggressive group-wide strategy to expand logistics activities in China.
MOL Logistics (Japan) has been developing a worldwide network to
enhance its logistics services and competitiveness, as the MOL Group's
core logistics company. In China, MOL Logistics (H.K.) Ltd. has
aggressively promoted business mainly in Hong Kong and South China areas.
As a first-class agent in Shanghai, Shanghai Huajia International will
further help the group meet a wide range of logistics needs in whole China
by taking advantage of continuing deregulation there.
Shanghai Huajia International was established in 1999 as a joint
venture between MOL Logistics (Japan)'s partner, Hong Kong-based Best Air
& Sea Service and a local company in Shanghai. The company serves as a
core company for MOL Logistics (Japan) to develop its business in China.
International Freight Forwarding Agent and Civil Air Cargo Forwarding
Agent licenses are required to do business in China. The acquisition of
these licenses demonstrates that Shanghai Huajia International has the
capabilities to implement these operations through established business
structure. It can directly issue air waybills for airlines, for all cargo
except dangerous goods. This allows them to handle cargo bookings, freight
rate settlement, cargo consolidation, and so on.
Profile of Shanghai Huajia International Freight Forwarding Co., Ltd.
||Shanghai Huajia International Freight Forwarding Co.,
||Chief Executive Officer Lu Zhiqiang
||Flat A-D, 13th Floor, Jiushi Fuxin Mansion,
No.918 Huai Hai Road(M), Shanghai, China
|Number of employees:
||107 (as of August 2003)
||Headquarters in Shanghai, Beijing Branch, Tianjin
Office, Suzhou Office (opened in February 2003), and Hangzhou Office
||Air and ocean cargo freight forwarding, logistics
(cargo consolidation service, 3PL, etc.)
||Customs clearance, International Cargo Freight
Forwarding Agent, and First Class International Freight Forwarding
Profile of MOL Logistics (Japan) Co., Ltd.
||MOL Logistics (Japan) Co., Ltd.
||President Kazuki Mori
|Number of offices:
|Number of employees:
||Air and ocean cargo forwarding, warehousing, domestic
and overseas household moving, SCM underwriting
For further information, contact:
Group Manager, Planning Group, Planning & Marketing Dept.
MOL Logistics (Japan) CO., Ltd.
Tel: 81-3-5295-1505 Fax: 81-3-5296-5760
Manager, Network Management Group, Logistics Business Division
Mitsui O.S.K. Lines, Ltd.
Tel: 81-3-3587-7101 Fax: 81-3587-7738