Mitsubishi Shipbuilding Co., in a joint effort with Mitsui O.S.K. Lines, Ltd. (MOL), completed a conceptual study on a floating storage and regasification unit (FSRU) for ammonia, a study is aimed at promoting the use of ammonia as an energy source and the introduction of the ammonia FSRU globally.The Ammonia FSRU is a floating facility for receiving and storing ammonia which is transported in a liquid state from its production area…
ClassNK granted its Remote Survey (RMSV) notation for ORCA ACE, PCC operated by Mitsui O.S.K. Lines, Ltd. (MOL) and managed by MOL Ship Management Co., Ltd. (MOLSHIP). This is the first vessel on ClassNK’s registry to be marked with RMSV notation…
Mitsui O.S.K. Lines has paid $253,300 in penalties to the California Air Resources Board for violating the Ocean-Going Vessel At-Berth Regulation, which requires cargo ships to reduce emissions while docked at the state’s busiest ports, including Los Angeles…
Japanese shipping major Mitsui O.S.K. Lines (MOL) has unveiled a number of new restructuring measures effective April 1, 2020.According to a press release, the marine transportation provider intends to establish three new divisions and integrate its two tanker divisions to achieve synergy…
Japanese shipping company Mitsui O.S.K. Lines (MOL) announced that, DNVGL issued an Approval In Principle (AIP) to MOL and Samsung Heavy Industries (SHI) for Bow Wind-Shield designed for Ultra-Large Container Carrier on 30th October, 2019.This…
Japanese utility Toho Gas and shipping company Mitsui OSK Lines (MOL) carried out a demonstration test to supply liquified natural gas (LNG) to the to the tugboat Ishin at the Japanese port of Nagoya.This marked the first LNG bunkering in the Port of Nagoya…
Kawasaki Kisen Kaisha, Ltd. Mitsui O.S.K Lines, Ltd. and Nippon Yusen Kabushiki Kaisha (NYK) have begun sharing of operational data acquired from the monitoring system installed in their container ships with their charter, Ocean Network Express Pte…
Japanese shipping giant Mitsui O.S.K. Lines, Ltd (MOL) said that its liquefied natural gas (LNG)carrier LNG Pioneer safely rescued four castaways in the Pacific Ocean about 270km off Davao in the Island of Mindanao, the Philippines.The Bahamas…
ABS and Mitsui O.S.K. Lines Ltd. (MOL) have signed a Memorandum of Understanding (MOU) to collaborate on up to 14 new gas carriers.The agreement covers seven new-build Very Large Ethane Carriers (VLEC) and up to seven new-build Liquefied Natural Gas Carriers (LNGC) designed to carry gas from the U…
The rating company Moody's Japan K.K. has downgraded Japanese shipping company Mitsui O.S.K. Lines, Ltd.'s (MOL) corporate family rating to Ba2 from Ba1. The rating outlook is stable.'We expect MOL's debt will not decline materially over the…
Mitsui O.S.K. Lines (MOL) announced that it participated in a demonstration test of ship class survey using aerial drones to inspect an MOL-operated coal carrier in service, along with Nippon Kaiji Kyokai (ClassNK), Hitachi Systems, and Mitsui Co…
Mitsui OSK Lines to own, fund FSRU in Wilhelmshaven; FSRU could be operational in H2 2022.Energy group Uniper on Monday entered agreements with Japanese shipping group Mitsui OSK Lines to handle potential deliveries of liquefied natural (LNG) gas into Germany…
Mitsui O.S.K. Lines (MOL) announced that its group company, Mitsui O.S.K. Passenger Line (MOPAS) was recognized for its 'efforts on market development by the Nippon Maru One Night Cruise,' and received the award for outstanding performance in the 'Cruise of the Year 2018' program…
Mitsui O.S.K. Lines (MOL) celebrated the 50th anniversary for the establishment of Mitsui O.S.K. Lines (Thailand).On November 13, it held a party in Bangkok for customers, business partners, and others, marking the event and the centennial anniversary…
Mitsui O.S.K. Lines (MOL) announced the establishment, effective July 1, of MOL Worldwide Logistics (MWL), and that they will lead MOL Group non vessel operating common carrier (NVOCC) business in Hong Kong.In a press release the company clarified…
