Palo Alto, Calif., based AI specialist Bearing Inc., whose backers include Mitsui, has turned its attention to IMO’s Carbon Intensity Indicator (CII) regulation. It has released a new AI-powered application designed to
Greek media reported Sunday that the national fire service had recovered the body of a 58-year old Greek truck driver from the Grimaldi Group RoPax ferry Euroferry Olympia. The body was recovered
A coal carrier serving Japan’s Tohoku Electric Power Co. is to be fitted with a hard sail system jointly developed by Mitsui O.S.K. Lines Ltd. (MOL) and the Oshima Shipbuilding Co. under
A Japanese consortium coordinated by Mitsui O.S.K. Lines Ltd. (MOL) has successfully concluded what’s claimed as a world-first port-to-port unmanned containership sea trial. The trial took place between Tsuruga Port in Fukui
Mitsui O.S.K. Lines, Ltd. (MOL) reports that the propeller boss cap fin (PBCF) sold by its group company MOL Techno-Trade, Ltd. has been certified as the “Best-selling Energy-Saving Ship Appendage Brand (Cumulative)”
A key factor in ensuring safe vessel operation is watchkeeping by seafarers. However, some objects such as fishing boats, buoys and debris, may not be detected by currently available systems such as
The first LNG bunkering vessel to be based in France was officially named Gas Vitality in a ceremony held October 26 at Hudong-Zhonghua Shipbuilding, China. Following the signing of a long-term charter
Methanex Corporation (TSX:MX) (NASDAQ:MEOH) and Japan’s Mitsui O.S.K. Lines Ltd. have reached an agreement that will see MOL pay $145 million for a 40% minority interest in Methanex’s Waterfront Shipping subsidiary. Vancouver,
The Mitsui O.S.K. Lines Ltd. (MOL) car carrier Orca Ace, operated by MOL and managed by MOL Ship Management Co., Ltd. is the first vessel to be awarded ClassNK’s Remote Survey (RMSV)
Ocean Network Express Pte. Ltd. (ONE) has signed a Letter of Intent (LOI) for the 15-year long-term charter of six new Ultra Large Container Ships (ULCS). Each with with a capacity greater
