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Mol Of Japan News

03 Mar 2022

Sunflower Kurenai: MOL Names Japan’s 1st LNG-fueled Ferry

Sunflower Kurenai - Credit: MOL

Japanese shipping company Mitsui O.S.K. Lines (MOL) on Thursday held a naming and launching ceremony for the first of Japan’s first two LNG-fueled ferries.The ceremony was held at the Mitsubishi Heavy Industries' Shimonoseki Shipyard & Machinery Works Enoura Plant, and the newbuilding ferry was named “Sunflower Kurenai” by the mayor of Beppu City Yasuhiro Nagano. The vessel is expected to enter service on the Osaka-Beppu route, operated by Ferry Sunflower Co., Ltd. as an alternative of the vessel currently in service in January 2023, after it is delivered from Mitsubishi Shipbuilding.

24 Dec 2021

MOL's Propeller Boss Cap Fins earns Guinness World Record Title

A Guinness World Record: Propeller Boss Cap Fins (PBCF) installed on a propeller. Photo courtesy MOL

Mitsui O.S.K. Lines, Ltd. announced that its Propeller Boss Cap Fins (PBCF), sold by its group company MOL Techno-Trade, Ltd. was certified as the “Best-selling Energy-Saving Ship Appendage Brand (Cumulative)”, by Guinness World Records, and received the official certificate on December 23, 2021.This award is based on the cumulative 3,748 PBCFs sold (the sales record with 3,516 vessels including twin-screw vessels equipped with PBCF) as of the end of December 2020.PBCF was co-developed by MOL, West Japan Fluid Engineering Laboratory Co., Ltd., and Nakashima Propeller Co., Ltd.

21 Nov 2019

MOL Orders Japan's 1st LNG-Fueled Ferries

Japanese shipping giant Mitsui O.S.K. Lines (MOL) and its subsidiary Ferry Sunflower Limited have unveiled plans to construct Japan’s first two LNG-fueled ferries.Mitsubishi Shipbuilding will receive the order for the newbuild ferries that are designated to serve the Japanese market.Ferry Sunflower will charter the ferries after delivery and launch them on its Osaka-Beppu route from the end of 2022 through the first half of 2023, as replacements for vessels currently in service.The ferries will be equipped with high-performance dual fuel engines  and will provide passengers with comfortable accommodations and reliable schedules. What's more…

27 Sep 2019

Japanese Backers for Novatek's LNG Complexes

Russia’s largest independent natural gas producer and LNG project operator Novatek has formed ties with Japan's shipper Mitsui O.S.K. Lines (MOL) and Japan Bank for International Cooperation (JBIC) to collaborate on liquefied natural gas (LNG) projects.The three companies will implement projects for construction of a marine LNG transshipment complexes in Kamchatka Territory and Murmansk Region, including possible acquisition of participation interest in projects and potential financing of projects.“We have already started successful cooperation with Japanese companies in large LNG projects, including Yamal LNG and Arctic LNG 2, and, accordingly…

13 Feb 2019

MOL Techno-Trade in Green Initiative

Japanese shipping giant Mitsui O.S.K. Lines (MOL) announced that its group company MOL Techno-Trade has joined a Green Award Program aimed at promoting high-quality shipping.The program is run by the nonprofit Green Award Foundation, which was established with the objectives of protecting the marine environment and enhancing safe operation.The program aims to improve the quality of vessels and mariners and protect the marine environment by certifying vessels for excellence in safety and low environmental impact. Companies that share the foundation's goals support them by providing incentives.Eleven MOL Group-operated vessels have earned certification from the Green Award Foundation.

06 Sep 2018

MOL Worldwide Logistics Establishes Hong Kong HQ for MOL NVOCC Operations

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 that Non Vessel Operating Common Carrier (NVOCC) does not have own transport means (vessels), but carries cargoes between ports and to the final place of delivery by using other shipping companies.MOL Executive Officer Michael P.Y. Goh was appointed CEO of MWL. MWL has been making various preparations including permission of acquisition from relevant authorities, aiming for an October 1 launch of MWL business operations.As the MOL Group NVOCC headquarters…

02 Nov 2017

MOL Truth, Japan's 1st 20,000 TEU Containership, Delivered

Mitsui O.S.K. Lines (MOL)  announced that one of world's largest containerships, the MOL Truth, was delivered at the Saijo Shipyard of Imabari Shipbuilding Co., Ltd. (President: Yukito Higaki, Headquarters: Imabari-shi, Ehime Prefecture) on October 31. The MOL Truth is the first containership with a capacity of over 20,000 TEU built in Japan, and the fifth in a series of six 20,000 TEU containerships that are operated by MOL. On October 25, it was named the MOL Truth. The new containership is 400m long, with a breadth of 58.5m, and has a loading capacity of 20,182 TEU. It will ply the Asia-Northern Europe trade as part of THE Alliance.

14 Oct 2017

MOL's PBCF Reduces 3-5% in Fuel Consumption

Mitsui O.S.K. Lines (MOL) announced that its jointly developed Propeller Boss Cap Fins (PBCF) received the 2017 Nikkei Global Environmental Technology Award, which is presented by Nikkei Inc. The PBCF, which is a device that improves propeller efficiency by breaking up the hub vortex generated behind the rotating propeller and offers an energy savings of around 3-5% compared to similar vessels not equipped with the PBCF, was co-developed by MOL, West Japan Fluid Engineering Laboratory Co., Ltd., and Nakashima Propeller Co., Ltd. (called Mikado Propeller Co., Ltd. at the time), and is being sold by MOL Techno-Trade, Ltd. The PBCF has been sold for more than 3,200 vessels all over the world since 1987, when it started sales of the conventional PBCF.

13 Mar 2017

MOL Promotes 'Project & Heavy Cargo'

Mitsui O.S.K. Lines (MOL) plans to further promote "MOL Project & Heavy Cargo," its brand for plant/heavyweight cargo transport services. The MOL Group will expand "MOL Project & Heavy Cargo" activities in both Asia and Europe to enhance its initiatives on intermodal transport services for plant and heavyweight cargoes. The MOL Group has enhanced ties among its group companies to fuel further growth in its logistics business. In the upcoming events, four group companies - MOL, MOL Logistics Japan Co., Ltd., Utoc Corporation, and Mitsui O.S.K. Kinkai Ltd. - will present a joint exhibit as "MOL Project & Heavy Cargo," introduce plant and heavyweight cargo transport services under the "One MOL" banner…

06 Feb 2017

Vancouver Port Selects “PBCF” as Equipment Designated

Mitsui O.S.K. Lines, Ltd. today announced that Propeller Boss Cap Fins (PBCF) was selected as a vessel quieting technology by the EcoAction Program implemented by Port of Vancouver, Canada. PBCF was jointly developed by MOL, West Japan Fluid Engineering Laboratory Co., Ltd. and Nakashima Propeller Co., Ltd. (Note 1), and is being sold by MOL Techno-Trade, Ltd. The Vancouver Fraser Port Authority’s EcoAction Program offers discounted harbour due rate to vessels that have implemented voluntary emission reduction measures and other environmental practices. As of January 1, 2017, vessels equipped with PBCF and transiting to the Port of Vancouver will be eligible for bronze level recognition and a 23% discount in harbour dues.

09 Apr 2014

Bestobell’s Scores Chinese Contract

Image:  Bestobell Valves

Bestobell Valves, part of the President Engineering Group, said it has received a major boost to its marine division with the award of a new contract for cryogenic cargo globe valves from the Hudong Zhonghua shipyard in China. The multimillion dollar contract will see the U.K.-based company manufacturing valves for six 174K LNG (Liquefied Natural Gas) Carriers. The LNGC have been contracted by Sinopec, China Shipping Group and MOL of Japan to ship coal bed LNG from the Gladstone field in Australia back to China.

07 Dec 2011

APL and MOL Increases Japan Coverage

Direct access to key Japanese markets. Global container shipping leader APL today announced that it will enhance its Japan to Thailand and Philippines coverage as a slot operator in a tie-up with Mitsui O.S.K. Lines (MOL). The new service, named Japan-Thailand-Philippine (JTP) service, will enhance APL’s coverage of Japanese ports, in particular those of Tokyo, Yokohama, Shimizu and Nagoya. “Introducing the weekly JTP service will strengthen APL’s Intra-Asia shortsea network and better serve key production and consumption markets in the region…

12 Aug 2011

Energy-Saving Propeller Boss Cap Fins System

Comparison of Hub Vortex

Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) and MOL Techno-Trade, Ltd. (MOL Tech; President: Hidehiro Harada) today announced that the energy-saving Propeller Boss Cap Fins (PBCF), developed by MOL, West Japan Fluid Engineering Laboratory Co., Ltd., and Mikado Japan, Ltd., and sold by MOL Tech, has now been ordered for 2,000 vessels worldwide. The PBCF is an energy-saving device attached to the propellers of a vessel. It breaks up the hub vortex generated behind the rotating propeller…

21 Jun 2002

IHI Completes MOL Performance

Ishikawajima-Harima Heavy Industries Co., Ltd. (IHI) has completed construction of the overPanamax container carrier, MOL Performance, for Mitsui O.S.K. Lines Ltd. (MOL) of Japan at the IHI Kure Shipyard. The carrier is the first of three MOL sister ships capable of carrying containers of 6,400TEUs at a high speed of 27.8 knots. IHI pioneered construction of the over Panamax container carrier with a beam of over 32.2m and has constructed 11 over Panamax container carriers including the MOL Performance. IHI will build 13 large container carriers at its Kure and Yokohama Shipyards. The MOL Performance has entered service between the Far East and Europe.

31 Mar 2006

Wärtsilä Wins 16 LNG Engine Orders

In the first two months of 2006, Wärtsilä Corporation won orders for a further 16 Wärtsilä 50DF dual-fuel engines to power four LNG (liquefied natural gas) carriers contracted in Korea. In January Wärtsilä was awarded an order to supply two sets of four Wärtsilä 50DF dual-fuel engines to Daewoo Shipbuilding & Marine Engineering (DSME) of Korea. These engines will be installed in two dual-fuel-electric LNG carriers contracted by Bergesen Worldwide Gas of Norway, and are the first Wärtsilä 50DF dual-fuel engines to be ordered by DSME. In February Hyundai Heavy Industries and Hyundai Samho Heavy Industries of Korea ordered two sets of four Wärtsilä 50DF dual-fuel engines to power two dual-fuel-electric LNG carriers for Mitsui OSK Lines (MOL) of Japan.