CORPORATE ANNOUNCEMENT

 

 

26 July, 2002

 

MOL Applies to Participate in U.S. Customs' Trade Partnership Against Terrorism Program (C-TPAT)

 

Concord, CA - MOL (America) Inc. has volunteered to participate in U.S. Customs’ Trade Partnership Against Terrorism Program (C-TPAT). As a member of C-TPAT, MOL will join forces with other ocean carriers and U.S. Customs to protect the integrity of cargo entering the United States by enhancing and strengthening security practices throughout the transportation supply chain.

 

MOL has been an active participant in U.S. Customs’ cargo security, terminal and port security, terrorism prevention, and anti-drug smuggling programs including, Container Security Initiative (CSI), Business Anti-Smuggling Coalition (BASC), the Carrier Initiative Program (CIP), and the Super Carrier Initiative Program.

 

“The C-TPAT program directly addresses the two key areas where our industry remains vulnerable to terrorist activity and terrorist prevention protocol,” said James C. Galligan, VP, Marketing, Pricing Administration & Security Director, MOL (America) Inc. “First, C-TPAT provides a framework from which we can advance and standardize security protocol for cargo moving across our boarders. And second, it is equipped with “fast-track” compliance incentives that allow us to maintain the “Just-in-Time” supply chain delivery cycles vital to our nation’s economic stability,” said Galligan.

 

MOL is one of the world’s largest multi-modal shipping companies, operating a diverse network of container shipping and logistics services around the globe. MOL is a founding carrier partner in GT Nexus, an e-logistics solutions company. Please visit the company’s website at www.molpower.com.

 

For additional information, please contactAnn Elleflot, Manager, Advertising & Communications, MOL (America) Inc. by telephone (925/688-2604) or e-mail (ann.elleflot@MOLamerica.com.).

 

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