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MOL (Mitsui O.S.K. Lines, Ltd.) (Kabushiki-gaisha Shōsen Mitsui) is a Japanese transport company headquartered in Toranomon, Minato, Tokyo, Japan. The company's main area of operations is international shipping. Its alligator logo can be seen on containers in ports around the world. Founded as a key part of the Mitsui zaibatsu (family-owned conglomerate) during the early industrialization of Japan, the company is now independent of the zaibatsu, but remains part of the Mitsui keiretsu (group of aligned companies). Many heads of this company have wielded considerable power in Japan and abroad. One of the latest is Masaharu Ikuta, who has been appointed to head the newly privatized Japan Post. MOL's financial activities became more international after the first oil crisis. The company issued corporate debentures and warrant bonds on the Swiss capital market. Shareholders' equity was ¥57.36 billion, and net income ¥5.94 billion in 1991. In the same year, the number of directly owned vessels was 54, aggregating 4.15 million DWT, and there were 296 operating vessels, aggregating 13.43 million DWT. 
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