The partners of the G6 Alliance will underline their commitment to the Scandinavian market and start a dedicated G6 feeder shuttle to Gothenburg. The service will provide coverage for the time of the temporary winter suspension of Loop 3.The…
Mitsui O.S.K. Lines, Ltd. was selected for inclusion in the world’s major socially responsible investing (SRI) indices — the FTSE4Good Global Index Series and the Dow Jones Sustainability Indexes (DJSI). This month, the FTSE Group, owned by the London Stock Exchange…
Mitsui O.S.K. Lines (MOL) records a loss in its recent quarterly financial report.MOL recorded a loss in its business performance over the first quarter, despite making an improvement in its bottom line compared with the same period of the previous fiscal year…
MOL-operated Bulk Carrier Rescues 2 from Yacht adrift off Australia. Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that the MOL-operated bulk carrier Yahagi Maru rescued two sailors from the yacht Mehitable, which was adrift at sea approximately 350km off Brisbane…
Mitsui O.S.K. Lines, Ltd. announced that the MOL-operated containership MOL Maneuver collided with the containership Zhen He while under way on the open seas southeast of Hong Kong, on February 22, 2012, at around 17:45 p.m., Japan time. None…
MOL-operated Containership Rescues 116 Shipwreck Survivors off Papua New Guinea. Mitsui O.S.K. Lines, Ltd. announced that the MOL-operated containership MOL Summer rescued 116 survivors from the ferry Rabaul Queen, which sank about 17 km east of Papua New Guinea…
Following a successful trial on its liquefied natural gas (LNG) tankers, MOL LNG Transport Co., Ltd., a subsidiary of Mitsui O.S.K. Lines, is adding the award-winning TracPhone(R) V7 satellite communications system from KVH Industries, Inc.…
Mitsui O.S.K. Lines, Ltd. (Tokyo) and Höegh Autoliners AS (Oslo) have set up a 50/50 joint venture in Europe, integrating the existing European short sea and logistics activities of both shareholders and of Euro Marine Carrier BV.The new company…
Mitsui O.S.K. Lines, Ltd. announced a downward revision of its consolidated business outlook for FY2011, ending March 31, 2012 (April 1, 2011-March 31, 2012), issued on April 28, 2011. For the year, the company has revised revenue generation down 6…
Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced today that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in…
The first shuttle and regasification vessel (SRV) co-owned by Höegh LNG and Mitsui O.S.K. Lines, Ltd. (MOL) was completed at Samsung Heavy Industries in South Korea, and was delivered to the GDF Suez group on November 30, 2009. It will serve on a long-term charter contract between the parties…
Mitsui O.S.K. Lines, Ltd. President Akimitsu Ashida announced a donation of $40,000 to relief efforts for the victims of Typhoon Ketsana that struck the Philippines at the end of September. The company expressed its heartfelt sympathy for the disaster victims…
MOL (Mitsui OSK Line) said it plans a general rate increase for all cargo moving southbound from Europe North Continent and Mediterranean to West Africa. The new rate of $219.4 per TEU will become effective 15 October 2009. The GRI is applicable to all commodities and equipment…
Seaspan Corporation (NYSE:SSW) announced that it accepted delivery of the MOL Eminence from Hyundai Heavy Industries Co., Ltd. on August 31, 2009. The 5100 TEU containership is Seaspan's fifth newbuilding in 2009 and expands the Company's fleet to 40 vessels…
MOL (Mitsui OSK Line), one of the world’s largest shipping lines said it plans a general rate increase for all cargo moving westbound from Asia and the Indian Subcontinent (including Japan) to northern Europe and the Mediterranean. The new rate of $250 per TEU will become effective 1 October 2009…
