Mitsui OSK Lines (MOL) is reorganising its bulker business as it tries to combat record low rates.
The Japanese giant said it will create two new business units, dry bulk and energy transport.
The restructuring will take place from 1 April, but it will not affect the disclosure of financial results by segment, it said.
MOL added the change will "most effectively implement business structural reforms to optimise the fleet portfolio and make more efficient use of management resources."
The
