MOL establishes ¥400bn venture capital fund

Mitsui OSK Lines (MOL), Japan’s largest shipowner by fleet size, has established a ¥400bn ($38.7m) venture capital fund called MOL PLUS. “MOL PLUS will make a broad range of investments, mainly in early and middle-stage startup companies around the world, that can reform ocean shipping business models and create new businesses from mid-to-long-term viewpoints,” the …

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