London, United Kingdom (PressExposure) July 30, 2008 -- Mitsui O.S.K. Lines, Ltd. (MOL) announced today that Dick DeSimon has been appointed Assistant Vice President for Contract Management, Area Operations.

Adding to his current responsibilities, which include North America Rail Purchasing and Contracting, DeSimon will also be responsible for North America Marine Terminal Contracting and Purchasing including:

• Marine and inland CY vendor negotiations
• Vendor regulatory requirements
• Terminal performance budgeting and cost control
• Hazmat process control

Scott Winn, Manager Terminal Operations, Concord, California, and Cindy Elwood, Manager of the Atlanta Container Terminal will report to DeSimon as well as his existing Chicago based team.

A 1969 graduate of Notre Dame University with a BBA, DeSimon has been with MOL since 1992 in various key management positions including AVP Midwest Region Operations, AVP Network Operations and AVP Transportation Purchasing. Prior to joining MOL, DeSimon spent 16 years with Sea-Land and three with Nedlloyd in various Operations positions.

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NOTES TO EDITORS:

MOL is one of the world’s largest multi-modal transport companies, operating more than 800 vessels and employing a workforce in excess of 8,600 worldwide. MOL operates one of the largest and most diverse networks of liner and logistics services around the globe, including weekly Transpacific, Transatlantic, Americas and Asia-Europe services. Please visit the company’s website at www.MOLpower.com

CELEBRATING 20 YEARS IN BUSINESS

About MOL

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