News Release

Monday, 15 December 2014

MOL Myanmar Limited and E.F.R Forwarding & General Services Co., Ltd Announces a Joint Venture Shipping Agency in Myanmar - Effective January 1, 2015


MOL Myanmar Limited (MOL Representative Office) today announced the formation of a joint venture shipping agency with E.F.R. Forwarding & General Services Co., Ltd. in Myanmar to directly support and develop customer relationships for the container division of a major shipping line.  The joint venture shipping agency will retain the name of MOL Myanmar Limited and location of the offices will remain unchanged.  The joint venture will be operational on January 1, 2015.

 

The decision is part of a strategy for MOL, one of the world's largest global multimodal transportation companies, to grow closer to customers and to clearly identify the commitment to develop opportunities within Myanmar.

 

MOL Myanmar Limited noted that the joint venture in this important market is part of MOL’s company-wide strategy to have people solely dedicated to MOL, and therefore our customers will benefit locally and globally.

 

MOL will be much better positioned to respond to customer needs, improve service quality, and offer full-network coverage in the region. And it has enjoyed a strong and long-lasting relationship with E.F.R Forwarding & General Services Co., Ltd and thanked the company for being an excellent partner over the past years.

 

MOL Myanmar Limited and E.F.R Forwarding & General Services Co., Ltd will work closely together during the transfer of operations to ensure a smooth transition, explore various opportunities in Myanmar and will continue to support MOL’s business in Myanmar.