Mitsui O.S.K. Lines (MOL), one of the world's largest global multimodal transportation companies, will take over all the agency activities carried out on its behalf in the Czech Republic, Slovakia, Slovenia and Hungary as part of its strategy to grow closer to customers.

Currently all MOL agency activities in these countries are performed by Multi-Shipping and the transfer of responsibilities will take effect as of 01-02-2012.

Jochen Veldmann, Executive Director Area for MOL Europe, says the company is establishing its own presence to increase its commitment to the fast-growing region of Eastern Europe.

He adds: 'The decision to serve these important markets with our own organization is part of MOL's company-wide strategy to have our own people on the ground and grow closer to our customers.'

Veldmann stated further: 'MOL had enjoyed a strong relationship with the liner agency group Multi-Shipping which will continue to provide agency services in these countries until the new organization is established. On the foundation laid by Multi-Shipping we will be even better positioned to respond to customer needs, further enhance the service and offer full network coverage in the region.'

He thanked the company for being an excellent partner over the past years.

MOL and Multi-Shipping will work closely together during the transfer of operations to ensure a smooth transition.