Tokyo – Tokyo Marine, Co., Ltd., Tokyo, Japan Today Announce the Transfer of its Headquarters from Tokyo to Singapore
During October 2012, Tokyo Marine Asia Pte Ltd, Singapore (TMA) will become the headquarters of Tokyo Marine Group. With the transfer, some Executive Officers including Mr. Aoki, CEO and about 20 employees will be transferred from Tokyo Marine Tokyo office to Tokyo Marine Singapore office.
The transfer aims to bring Tokyo Marine closer to a more modern and dynamic centre for shipping in a rapidly growing market of liquid chemical and vegetable oil transportation. Tokyo Marine group believes that the transfer will enable itself to make quick and effective commercial decisions, which will contribute to its global growth.
After the transfer, any group management policies and commercial decisions will be made in Singapore. Tokyo Marine (Japan) remains to be a window for customers, financial institutions, owners, shipbuilders or any parties located in Japan. The role of Tokyo Marine Europe Limited, London, UK remains unchanged as a commercial representative in Europe, American continent and the Atlantic region.
With the transfer, TMA will be a wholly-owned subsidiary of Mitsui O.S.K. Lines, Ltd., Tokyo, and Tokyo Marine (Japan) will be a wholly-owned subsidiary of TMA.
Tokyo Marine Europe Limited, London, UNIX Line Pte Ltd or other Tokyo Marine Group companies will also be a subsidiary of TMA.
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<Tokyo Marine Asia Pte Ltd>
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