MOL Signs Technology Consulting Agreement

TOKYO-Mitsui O.S.K. Lines, Ltd. today announced that the company has concluded a technology consulting agreement with Professor Tomoharu Nagao of the Yokohama National University(Headquarters: Yokohama, Kanagawa Pref.; President: Yuichi Hasebe) Graduate School of Environment and Information Sciences, who is the creator of the next-generation AI advanced machine learning and the percolative learning method.

The MOL Group has worked with Professor Nagao since 2016(Note 4) to forecast the dry bulk market by analyzing data related to economic issues and maritime affairs. It will continue to promote the use and application of ICT-based trends in advanced digitalization by concluding this technology consulting agreement and holding regular advisory meetings and internal review meetings.

MOL aims to become a ”corporate group of competitive No.1 businesses,” under the ”Vision for the MOL Group 10 years from now” set out in the ”Rolling Plan 2018” management plan by enhancing its services through the use and application of ICT.

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