October 21, 2009
TOKYO – MOL Logistics (Japan) Co., Ltd. (President: Toshifumi Kato) today announced that its wholly-owned subsidiary M.O. Air Logistics, Inc. (President: Yuko Kane), which provides customs clearance and bond operations, was certified as an Authorized Warehouse Operator by the Director General of Tokyo Customs on October 20.
This certification allows companies that operate bonded warehouses to participate in Japan’s Authorized Economic Operator (AEO) program. In the AEO program, the customs office authorizes trade-related companies whose security management and structure comply with laws and regulations, aiming to both ensure safety and efficiency of international trade. It includes systems for authorized exporters, authorized importers, authorized warehouse operators, authorized customs brokers, and authorized logistics operators. The following two bonded warehouses of M.O. Air Logistics, Inc. are Authorized Warehouse Operators:
- • Narita Bonded Warehouse1F, AMB Narita Air Cargo Center “B” 78-7 Minami-Sanrizuka, Narita-shi, Chiba
- • Niigata Bonded Warehouse Shinko-cho 9-5, Mitsuke-shi, Niigata
Approval as an Authorized Warehouse Operator certifies that the company has developed a compliance system and a security system to prevent unauthorized access to the cargo.
It is an important task for all national governments to ensure security in globally based supply chains, and many governments provide favorable treatment such as mutual certification of AEO program.
MOL Logistics (Japan) believes the certification ensures its customers that their cargo will be handled safely and efficiently.