MOL Establishes 'MOL Bay Links' Group-wide Holding Company for Tugboat Services

Tokyo - July 01, 2025




Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced the establishment of MOL Bay Links Co., Ltd., a holding company aimed at strengthening the foundation of the MOL Group's tugboat services.

Effective July 1, MOL transferred all shares it held in Nihon Tug-Boat Co., Ltd. (President: Keizo Tamura; Headquarters: Kobe-shi, Hyogo), Green Shipping, Ltd. (President: Koji Tsue; Headquarters: Kitakyushu-shi, Fukuoka), and Green Kaiji Kaisha, Ltd. (President: Nobuo Tsuboi; Headquarters: Nagoya-shi, Aichi) to MOL Bay Links, thereby establishing it as a holding company.

Establishment of MOL Bay Links will optimize the organization and enhance group-wide competitiveness while maintaining the regional initiatives of Nihon Tug-Boat, Green Shipping, Green Kaiji Kaisha, and their subsidiaries.


.   Image by MOL.

Overview of the holding company
• Name: MOL Bay Links Co., Ltd.
• Location: 2-1-1 Toranomon, Tokyo
• Representative: President Hiroyuki Kakehashi
• Shareholder: MOL 100%
• Start of operations: July 1, 2025

Overview of the companies involved

Nihon Tug-Boat Co., Ltd.
• Location: 5 Kaigan-dori, Chuo-ku, Kobe-shi, Hyogo
• Representative: President Keizo Tamura
• Shareholder: MOL Bay Links 100%
• Business: Tugboat operation, shipping, ship chartering, etc.
• Established: 1967
• Website: https://nihon-eisen.co.jp/

Green Shipping, Ltd.
• Location: 1-5 Minatomachi, Moji-ku, Kitakyushu-shi, Fukuoka
• Representative: President Koji Tsue
• Shareholder: MOL Bay Links 100%
• Business: Shipping agency, tugboat operation, customs clearance, warehousing, etc.
• Established: 1930
• Website: https://www.greenship.co.jp/

Green Kaiji Kaisha, Ltd.
• Location: 4-6, Irifune 2-chome, Minato-ku, Nagoya-shi, Aichi
• Representative: President Nobuo Tsuboi
• Shareholder: MOL Bay Links 100%
• Business activities: Tugboat operation, ship chartering, coastal shipping, etc.
• Established: 1969
• Website: https://greenk.co.jp/

Mitsui O.S.K. Lines, Ltd. press release