FEBRUARY 21, 2018 — The European Commission has imposed fines totaling EUR 395 million (about $487 million) on five car carrier companies involved in a cartel that ran from October 2006 to
JANUARY 26, 2018 — Mitsui O.S.K. Lines, Ltd. reports that it has signed a deal for the construction of an LNG fueled tugboat with shipbuilder Kanagawa Dockyard Co., Ltd. Construction is slated
AUGUST 28, 2017 — A working group that will include Japan’s Kawasaki Kisen Kaisha (K Line), Nippon Yusen Kaisha (NYK) and Mitsui O.S.K. Lines (MOL) is to conduct a feasibility study on
MAY 30, 2017 — Japan’s Mitsui O.S.K. Lines, Ltd. (MOL) reports that an in-service demonstration test of a wind resistance-reducing windshield for containerships has shown that the device reduces emissions of carbon
JUNE 21, 2016 — A 50,000 dwt methanol fueled Mitsui O.S.K. Lines (MOL) tanker is using ClassNK Consulting Service’s condition-based monitoring (CBM) system ClassNK CMAXS e-GICSX, marking the system’s first commercial application.
OCTOBER 8, 2015—Leading classification society ClassNK has begun actual verification tests of its next-generation condition-based monitoring (CBM) system ClassNK CMAXS e-GICSX for Mitsui’s MAN B&W engines. The system is being jointly developed
AUGUST 17, 2015—What company has the Highest Value Whole Gas (either LNG or LPG) shipping fleet? According to VesselsValue.com, that honor belongs to Teekay LNG Partners, with 37 vessels and a capacity
JUNE 12, 2015 — Japan’s Mitsui O.S.K. Lines, Ltd. is rebranding its car carrier business as “MOL Auto Carrier Express (MOL ACE).” It will start to use “MOL ACE” as its global
OCTOBER 9, 2014—Mitsui O.S.K. Lines, Ltd. (MOL) recently christened the LNG Venus, a new 155,000 m3 Liquefied Natural Gas (LNG) carrier at the Nagasaki Shipyard of Mitsubishi Heavy Industries, Ltd. The vessel
MAY 16, 2014—Japan’s Oshima Shipbuilding Co., Ltd., recently delivered the 85,555-gt Energy Prometheus to Mitsui O.S.K. Lines, Ltd. (MOL). MOL will operate the Energy Prometheus to transport coal to Hokuriku Electric Power