ISO Certification for MOL Ship Management Company

Mitsui O.S.K. Lines, Ltd., today announced that its group ship management company for dry bulkers, Magsaysay MOL Ship Management, Inc. has acquired certifications from Nihon Kaiji Kyokai, for Energy Management Systems (ISO50001*1) and Environmental Management Systems (ISO14001*2) on June 18.

MMSM’s certifications cover ship management of bulk carriers and other cargo ships, as well as office operations onshore. MOL Ship Management Co., Ltd. acquired the same certificates in July 2014, followed by MOL Ship Management (Singapore) Pte. Ltd. and New Asian Shipping Company Ltd.

With MMSM’s acquisition in this time, all 4 MOL Group ship management companies for dry bulkers have earned ISO50001 and ISO14001certification.

The MOL Group has strived to improve the energy efficiency of its vessels and protect the marine environment through stringent ship management standards, and established a structured management system. The MOL group will continue to work together as a team to ensure environment-friendly ocean shipping, safe operation and energy efficiency through the compliance with and ongoing improvement of the group-wide management systems.

(*1)    ISO50001 is the international standard related to energy management, stipulated in June 2011. It is based on ISO14001 requirements, and calls for operational reforms to improve energy use and performance including energy conservation.

(*2)    ISO14001's basic structure is the PDCA system. This international standard aims at reduction of environmental risks and reaching a good balance of reducing environmental impact, and contributing to environmental protection in business operations, under the concept of sustainability.