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MOL sets up $2.6 million Mauritius charity

Mitsui O.S.K. Lines (MOL) has established the MOL Charitable Trust in Mauritius “as part of its benevolent and philanthropic actions to support activities for the public benefits of Mauritius and its people to address the impacts of the oil spill” to mitigate the damage caused by spilt bunkers when the bulk carrier Wakashio grounded on the island nation's coast in July 2020.

The ship was on charter from a subsidiary of Nagashiki Shipping Co.

January 5, 2022

Port Louis, Mauritius ©iStock

In a statement MOL said: “In cooperation with the shipowner and relevant authorities, MOL has been working to restore the natural environment of Mauritius and contribute to local communities, with the assistance of experts and organisations specialised in the restoration and protection of the environment. The newly established Trust is part of a total of 800 million yen (US$7 million) fund announced in September 2020 by MOL.”

MOL said the Trust would be locally based and managed “to ensure quick support when required”. In addition, the Trust will incorporate not only projects related to the restoration of the natural environment, but also provide support to local communities in line with the United Nations Sustainable Development Goals (SDGs) and the Mauritian Government’s National
Priority Areas.

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