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Mol News

MOL Launches Sunflower KirishimaMOL Launches Sunflower KirishimaMitsui O.S.K. Lines (MOL) announced that the newly built large-scale ferry Sunflower Kirishima operated by its group company Ferry Sunflower was launched on September 15.20 September 2018 Thursday 10:30
MOL Magsaysay Maritime Academy OpenedMOL Magsaysay Maritime Academy OpenedJapanese shipping giant Mitsui O.S.K. Lines (MOL) announced that an inauguration ceremony for MOL Magsaysay Maritime Academy (MMMA15 September 2018 Saturday 12:15
Vancouver Welcomes MOL's Newest Car CarrierVancouver Welcomes MOL's Newest Car CarrierOn Wednesday, the Port of Vancouver, Washington welcomed the car carrier Orca Ace, commanded by Capt. Yury Golovatyuk of Russia, on her maiden voyage.10 August 2018 Friday 11:20
MOL Takes Delivery of LNG SchneeweisschenMOL Takes Delivery of LNG SchneeweisschenMitsui O.S.K. Lines (MOL) announced that the LNG carrier, LNG Schneeweisschen, jointly ordered by MOL and Itochu Corporation was delivered on July 31st at the Okpo shipyard by Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea.03 August 2018 Friday 09:15
MOL Truth Earned 'Ship of the Year 2017'MOL Truth Earned 'Ship of the Year 2017'Mitsui O.S.K. Lines (MOL) announced that 20,000 TEU containership, MOL Truth(Note), one of the world's largest containerships, has received the "Ship of the Year 2017" award from the Japan Society of Naval Architects and Ocean Engineers (JASNAOE).14 July 2018 Saturday 10:45
MOL to Utilise ‘FSRU Challenger’ for Hong Kong Offshore LNG Terminal ProjectMOL to Utilise ‘FSRU Challenger’ for Hong Kong Offshore LNG Terminal ProjectMitsui O.S.K. Lines today announced that MOL, has entered into a preliminary agreement to supply a Floating Storage and Regasification Unit (FSRU)25 June 2018 Monday 14:54
MOL ARC7 icebreaking LNG carrier goes to work at YamalMOL ARC7 icebreaking LNG carrier goes to work at YamalMitsui O.S.K. Lines, Ltd. (MOL) reports that the icebreaking LNG carrier Vladimir Rusanov has conducted its first loading operation at the Yamal LNG plant at Sabetta port in northern Russia.30 March 2018 Friday 12:34
MOL takes delivery of next generation car carrierMOL takes delivery of next generation car carrierMitsui O.S.K. Lines (MOL) has taken delivery of the Beluga Ace, the first of its next generation FLEXIE series of car carriers.17 March 2018 Saturday 15:32
Court Finds Dutch Shipping Company Illegally Sent Ships to India for DemolitionCourt Finds Dutch Shipping Company Illegally Sent Ships to India for DemolitionThe Dutch shipping company Seatrade and two of its directors were found guilty by a Dutch court on Thursday of illegally sailing ships to India to have them demolished, the first criminal case of its kind in the Netherlands.16 March 2018 Friday 13:04
MOL to Develop Northern Sea Route Shipping with RussiaMOL to Develop Northern Sea Route Shipping with RussiaMOL signed a Memorandum of Understanding on Monday with the Far East Investment and Export Agency under the Russian Federation for the Development of the Far East to cooperate with each other on the development.28 February 2018 Wednesday 12:11
AP Moller-Maersk Planning Roadshow ahead of Euro BenchmarkAP Moller-Maersk Planning Roadshow ahead of Euro BenchmarkA.P. Møller - Mærsk A/S rated Baa2/BBB (on review for possible downgrade/CreditWatch negative) by Moody's/S&P, the integrated transport and logistics company, has mandated Barclays24 February 2018 Saturday 17:19
Disabled MOL Prestige Arrives in Seattle After FireDisabled MOL Prestige Arrives in Seattle After FireThe disabled MOL Prestige is now safely moored at the Port of Seattle more a week after an engine room fire knocked out power to the vessel and severely injured two crew members during a voyage across the Pacific Ocean.13 February 2018 Tuesday 13:47
Containership MOL Prestige Adrift Off British Columbia After Fire; Two Crew MedevacedContainership MOL Prestige Adrift Off British Columbia After Fire; Two Crew MedevacedA 293-meter containership is adrift off British Columbia, Canada after suffering an engine fire which knocked out power to the vessel.03 February 2018 Saturday 15:03
MOL and Furuno to develop Augmented Reality enhanced displaysMOL and Furuno to develop Augmented Reality enhanced displaysJapan's Mitsui O.S.K. Lines, Ltd. (MOL) and Furuno Electric Co., Ltd. plan to jointly develop a system that supports ship operation during voyages using augmented reality (AR) technology.29 December 2017 Friday 13:13
MOL, Tohoku Electric Power & Namura Receive AIP for LNG-powered Coal CarrierMOL, Tohoku Electric Power & Namura Receive AIP for LNG-powered Coal CarrierMitsui O.S.K. Lines, Ltd. today announced that MOL, Tohoku Electric Power Co., Inc., and Namura Shipbuilding Co., Ltd. have jointly earned an Approval in Principle (AIP) from Lloyd’s Register for the design of an LNG-powered coal carrier.06 December 2017 Wednesday 15:28
Ships; Demolition Market Looking to Pick Up Next WeekShips; Demolition Market Looking to Pick Up Next WeekIt might have been rather quiet over the course of the past few weeks, but things could start to pick up in the demolition market over the course of the coming days say shipbrokers. In its latest weekly report25 November 2017 Saturday 15:16
Ships’ demolition activity falters as prices tumbleShips’ demolition activity falters as prices tumbleThe supply side of the shipping markets could soon be faced with yet another setback, should the current state of the demolition activity remains as is, i.e. with diminishing sales of ships sent for scrap.26 October 2017 Thursday 17:52
Ship demolition prices tumble, while few bulkers become availableShip demolition prices tumble, while few bulkers become availableShip owners are advised to take advantage of the current demolition market, despite the recent fall in rates.05 October 2017 Thursday 17:03
Ships’ Demolition Market: Cash Buyers Recent Purchases Deemed SpeculativeShips’ Demolition Market: Cash Buyers Recent Purchases Deemed SpeculativeTanker tonnage being sold for scrap has been the dominant force behind the ships’ demolition market for the past few months. However, things are starting to slow down again,29 September 2017 Friday 00:01
A.P. Moller Holding to acquire Maersk TankersA.P. Moller Holding to acquire Maersk TankersKeeping things all in the family, as it were, publicly traded A.P. Møller - Mærsk A/S today signed an agreement to sell Maersk Tankers A/S to APMH Invest A/S, a subsidiary of A.P. Moller Holding A/S for $1,17 billion in an all-cash transaction.20 September 2017 Wednesday 18:2
MOL joins blockchain consortiumMOL joins blockchain consortiumJapan's Mitsui O.S.K. Lines (MOL) has announced it has will participate in a Japanese consortium to developing a trade data sharing platform using blockchain technology.28 August 2017 Monday 16:38
Tanker demolition could pick up on market-based conditions, rather than legislationTanker demolition could pick up on market-based conditions, rather than legislationWhen charterers in the Americas brought several cargoes onto the market at once Wednesday, they were met by an extremely short position list and freight rates jumped to a four-month high as a result.19 August 2017 Saturday 00:02
Tanker demolition could pick up on market-based conditions, rather than legislationTanker demolition could pick up on market-based conditions, rather than legislationThe tanker market isn’t in its best during this year, with rates subdued and oversupply concerns being the main hindering factor to a rebound.18 August 2017 Friday 15:29
More tankers circulated among brokers for demolitionMore tankers circulated among brokers for demolitionMore tankers are being circulated among brokers for demolition, according to UK brokerage Gibson.15 August 2017 Tuesday 16:35
Demolition Market On “Rally” ModeDemolition Market On “Rally” ModeThe demolition market has been trending upwards lately.05 August 2017 Saturday 00:03
Demolition: Time to Take The Bitter PillDemolition: Time to Take The Bitter PillLow freight rates should be the best incentive for owners to take the bitter pill and scrap some of the outdated tonnage in order to bring the necessary ease to the heavily oversupplied market, according to BIMCO’s Chief Analyst Peter Sand.03 July 2017 Monday 18:03
MOL Clinches Deal for Yamal LNG Carrier QuartetMOL Clinches Deal for Yamal LNG Carrier QuartetJapanese shipping major Mitsui O.S.K. Lines has signed a contract to build and charter four liquefied natural gas (LNG) carriers for Russia’s Yamal LNG project.29 June 2017 Thursday 13:31
MOL Teams Up with MES on Vessel Monitoring and SupportMOL Teams Up with MES on Vessel Monitoring and SupportJapan’s Mitsui O.S.K. Lines has reached an agreement with Mitsui Engineering & Shipbuilding (MES) to jointly develop next-generation vessel monitoring and support systems for practical applications and commercialization.24 June 2017 Saturday 14:28
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