Marine Link
Tuesday, September 25, 2018

Mitsui Osk Lines News

MOL Truth Earned 'Ship of the Year 2017'

Receiving the award of certification: Left: Imabari Shipbuilding Co., Ltd. President Yukito Higaki, Center: JASNAOE President Masashi Kashiwagi and Right: MOL President & CEO Junichiro Ikeda. Photo: Mitsui O.S.K. Lines

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). The award is given for the highest levels of technology, design, and social responsibility among vessels made in Japan by JASNAOE. The MOL Truth earned high evaluations as a cutting-edge "eco ship" that not only exemplifies MOL's safe operation and environmental conservation policies…

Auto Collision Avoidance Project for Vessel Safety

Auto berthing and un-berthing simulation and image of demonstration test with a vessel. Image: MOL

Mitsui E&S Shipbuilding (MES-S), Mitsui O.S.K. Lines (MOL), Tokyo University of Marine Science and Technology (TUMST), Akishima Laboratories (Mitsui Zosen)  announced that on July 25, their proposed joint demonstration project related to the safety of vessels' auto berthing and un-berthing was selected for Japan's Ministry of Land, Infrastructure, Transportation and Tourism (MLIT)'s FY2018 autonomous vessel demonstration project.Human errors account for 80% of marine accidents…

Shipping Companies Recognized for Efforts to Save Whales

(Photo: NOAA)

NOAA presented awards to 13 global shipping firms for their commitment in helping prevent ship collisions with whales off the coast of California.The companies participated in a Voluntary Speed Reduction initiative by slowing their ships to speeds of 10 knots (about 11.5 mph) or lower while transiting vessel traffic lanes outside the Golden Gate during whale feeding season, from May through mid-November.The national marine sanctuaries of North-central California - Greater Farallones…

Three New Arctic-class Ships on Way to Yamal LNG Terminal

© Luksa Karaman / MarineTraffic.com

Three new liquefied natural gas (LNG) tankers capable of plowing through the Arctic ice have completed sea trials in recent weeks and are due to start operations at the Yamal LNG terminal in northern Russia, Reuters shipping data shows.Novatek's Yamal terminal has been ramping up LNG shipments faster than expected after loading its first cargo in December 2017, with two trains now running at capacity and a third being commissioned.As part of the project, the first along northern Russian shores that are trapped by thick ice for most of the year…

Mol Chemical Tankers, SEA-Invest to Build Tank Storage Farm

Image: Port of Antwerp

The Japanese group MOL Chemical Tankers is coming to the port of Antwerp. Together with the port group SEA-Invest it is to invest some 300 to 400 million euros in construction of a tank storage terminal for liquid chemicals. This is yet more confirmation of the port's power of attraction for big investors.Mol Chemical Tankers, a member of the Japanese group Mitsui O.S.K. Lines, will team up with SEA-Invest to build a tank storage terminal in the port of Antwerp. The Sea-Mol joint venture has been set up for this purpose, for which it will invest some 300 to 400 million euros.

MOL Magsaysay Maritime Academy Opened

Photo: Mitsui O.S.K. Lines, Ltd.

Japanese shipping giant Mitsui O.S.K. Lines (MOL) announced that an inauguration ceremony for MOL Magsaysay Maritime Academy (MMMA), jointly operated by MOL and Magsaysay Maritime Corporation (MMC), was held on September 12 in Salitran, Dasmariña City, the Philippines.Around 700 people attended the event, including Senator Grace Poe, Secretary of the Department of Transportation Arthur Tugade, H.E. Koji Haneda, Japanese Ambassador-designate to the Republic of the Philippines, President and CEO Doris Teresa Magsaysay-Ho of A.

MOL's FSRU Challenger for Hong Kong LNG Terminal Project

Photo: MOL

Mitsui O.S.K. Lines (MOL) announced that MOL, has entered into a preliminary agreement to supply a Floating Storage and Regasification Unit (FSRU), as well as Jetty Operation & Maintenance Services for the Hong Kong Offshore LNG Terminal Project on a long term contract. MOL will utilize the "MOL FSRU Challenger" built in 2017 with a storage capacity of 263,000m3 which remains the largest FSRU in the world today, to provide services to the Hong Kong Offshore LNG Terminal Project. The FSRU was constructed at Daewoo Shipbuilding & Marine Engineering Co., Ltd.

Icebreaking LNG Carrier Named Vladimir Vize

Vladimir Vize naming ceremony. Photo: Mitsui O.S.K. Lines, Ltd.

Mitsui O.S.K. Lines (MOL) announced that a naming ceremony for a new icebreaking liquefied natural gas (LNG) carrier, which was jointly ordered by MOL and China COSCO Shipping Corporation, was held at Daewoo Shipbuilding & Marine Engineering (DSME) on September 11.The newbuild was named the Vladimir Vize by Irina Ershova of PAO Novatek, the major shareholder in the Yamal LNG project. The name was chosen in honor of the Russian Arctic explorer and oceanologist.The Vladimir Vize is the sister vessel of the Vladimir Rusanov…

"Vladimir Rusanov" Completes First Eastern Transit

Photo: Mitsui O.S.K. Lines

Mitsui O.S.K. Lines (MOL) announced that the Ice-Breaking LNG Carrier "Vladimir Rusanov", which is jointly owned by MOL and China COSCO Shipping Corporation, has successfully arrived at the Bering Strait. The vessel carried out a LNG loading operation in the Yamal LNG plant at Sabetta port, before sailing for the Far East via the Northern Sea Route on 25 June. The vessel safely arrived at the Bering Strait on 6 July, and is planning to call Jiangsu Rudong port in China for an unloading operation of its LNG cargo.

MOL Hosts Tour of Cutting-edge Car Carrier on Marine Day

Photo: Mitsui O.S.K. Lines

Mitsui O.S.K. Lines (MOL) has announced that on Marine Day, Monday, July 16, it hosted a tour of the cutting-edge car carrier Beluga Ace at Harumi Pier, in cooperation with the Japanese Shipowners' Association (JSA).The company welcomed about 360 elementary and junior high school students and their family members, who were selected in an online application process.The participants boarded the huge vessel – measuring about 200m long and 50m-high –and made their first stop in the engine room…

Ice-Breaking LNG Carrier Vladimir Rusanov First Call at PetroChina LNG Jiangsu Terminal

China COSCO Shipping, Executive Vice President, Sun Jiakang (first from left) PAO Novatek, Chairman of the Management Board Leonid Mikhelson (second from left) Director of the National Energy Administration of China, Nur Bekri (fourth from left) Minister of Energy of Russia, Alexander Novak (fourth from right) CNPC, Board Director, President, Zhang Jianhua (third from right) MOL, Senior Managing Executive Officer, Takeshi Hashimoto (first from right). Photo: Mitsui O.S.K. Lines

Mitsui O.S.K. Lines (MOL) announced that the Ice-Breaking LNG Carrier "Vladimir Rusanov", which is jointly owned by MOL and China COSCO Shipping Corporation Limited for the Yamal LNG project, made its first call at PetroChina LNG Jiangsu Terminal in China on 17 July.A ceremony celebrating this milestone was held on 19 July.At the end of March 2018, the vessel started transportation services for LNG produced by the Yamal LNG plant at Sabetta port in Russia. For its latest voyage…

ABS to Class FSRU for Turkey's BOTAS

Classification society ABS said it was selected to class a floating storage and regasification unit (FSRU) for Turkey’s oil and gas pipeline operator BOTAS.“As demand for gas has increased over the last decade, the supply chain has had to adapt and figure out new ways of getting gas to expanding markets,” said Jamie Smith, ABS Senior Vice President and Chief Business Development Officer. “FSRUs, like this one for Turkey, are providing gas distributors and suppliers an efficient and effective solution for getting their product to consumers.”Planned to be built at Korea’s Hyundai Heavy Industries shipyard, the FSRU will have a 170,000 cubic meter storage capacity and a 1,000 MMSCFD LNG discharge capacity. The FSRU will be jetty moored off the coast of Turkey and operated by Mitsui O.S.K.

MOL Launches Sunflower Kirishima

The Sunflower Kirishima goes into service. Photo: MOL

Mitsui 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, and with many passengers aboard, departed the Nanko Sunflower Terminal in Osaka Prefecture for the Port of Shibushi, Kagoshima Prefecture.The new Sunflower Kirishima has room for 20% more trucks compared to the old Sunflower Kirishima.With its sister ferry, the Sunflower Satsuma, which was launched on May 15…

NYK Group Celebrates Successful O3 Challenge

Photo: NYK

Symphony Creative Solutions (SCS) an NYK Group company, held a thank you party with Ocean Network Express (ONE) at ONE’s head office to celebrate a successful Ocean of Opportunities Challenge (O3 Challenge), a contest for startups that was conducted from April to June 2018.Partners including NUS Enterprise and the Maritime and Port Authority of Singapore (MPA) were in attendance, and the solutions of the three O3 Challenge winners were introduced.The O3 Challenge, a worldwide contest aimed at creating new value through open innovation in the maritime industry…

MOL Readies for ICT-based Trends in Advanced Digitalization

Photo: MOL

Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a technology consulting agreement with  Yokohama National University Professor Tomoharu Naga, a creator of the next-generation AI advanced machine learning and the percolative learning method.A press release from the maritime company said that MOL aims to become a "corporate group of competitive No.1 businesses," under the "Vision for the MOL Group 10 years from now" set out in the "Rolling Plan 2018" management plan…

Japan Coast Guard Honors MOL Vessels

Photos: Mitsui O.S.K. Lines

Mitsui O.S.K. Lines (MOL) announced that six MOL-operated/managed vessels have received commendations from the commanders of the 3rd and 4th Regional Coast Guard Headquarters of the Japan Coast Guard (JCG).Vessels commended by 3rd Regional Coast Guard Headquarters are: VLCC Altair Trader, VLCC Yufusan, VLCC M. Star, LNG carrier Energy Advance, and LNG carrier Energy Frontier. The vessel commended by 4th Regional Coast Guard Headquarters is VLCC Shizukisan.To mark Japan Hydrography Day…

Yanmar Delivers Dual-Fuel Tugboat Propulsion Engines

Dual-fuel commercial marine engine 6EY26DF. Image provided by Yanmar

Japan-based Yanmar has delivered two 6EY26DF dual-fuel commercial marine engines with the ability to use both heavy fuel oil (HFO) and liquefied natural gas (LNG) as fuels for the LNG tugboat. Mitsui O.S.K. Lines, Ltd. (MOL) will take delivery of the vessel once construction is completed in February 2019 with the tugboat expected to commence operation in April 2019.Yanmar has also received orders for the LNG fuel tanks, buffer tanks, and gas combustion devices that make up the LNG fuel feed systems for the engines.The MOL-owned vessel will be manufactured by Kanagawa Dockyard Co., Ltd.

MOL Trials Intelligent Awareness Technology

MOL ferry Sunflower Gold (Photo: Rolls-Royce)

The capacity for Intelligent Awareness and machine learning technologies to significantly improve navigational safety has been verified by Rolls-Royce and Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL), following the success of a pilot project aboard a 165m passenger ferry, Sunflower Gold.Results from sea trials on the vessel, which operates night-time sailings between Kobe and Oita, Japan, found that the navigating officers were able to visually detect objects that would otherwise have been cloaked by the blackness of night.The vessel navigates the Akashi Kaikyo…

MOL Worldwide Logistics Establishes Hong Kong HQ for MOL NVOCC Operations

Image: MOL

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.

MOL Takes Delivery of LNG Schneeweisschen

LNG Schneeweisschen. Photo: Mitsui O.S.K. Lines

Mitsui 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.The 180,000 cbm newbuilding has entered in to a Transportation Service contract for several voyages with Uniper Global Commodities, 100% owned by one of the largest European gas and electricity companies, Uniper SE.The LNG Schneeweisschen features two new technologies - the slow-speed two-stroke engine (X-DF) made by Winterthur Gas & Diesel…

MOL Invests in PKT Logistics

The 12 Waves warehouse in One Auto Hub. Photo: Mitsui O.S.K. Lines, Ltd.

Mitsui O.S.K. Lines (MOL) announced that it completed the acquisition of 14.27% shares in PKT Logistics Group, a Malaysian logistics company. MOL's stake will rise from the current 20.86% to 35.13%.PKT provides end-to-end logistics solutions comprising freight forwarding, customs brokerage, contract logistics, haulage, distribution and others, to its customers from diverse market sectors.PKT owns and operates warehouses hub in Shah Alam, Selangor, offering over 55,000m2 of warehouse space in total.

Tokyo International Container Terminal Marks 20 Million TEUs Handled

From left: President of Imoto Lines Takayuki Imoto, Executive Officer of MOL Yutaka Hinooka, director, Managing Executive Officer of Ocean Network Express (Japan)  Hitoshi Adachi, Director General of Tokyo Metropolitan Government Bureau of Port and Harbor Makoto Saito, President & CEO of Tokyo Port Terminal Yuji Hirano, President of Utoc Masahiro Tanabe. Photo: Mitsui O.S.K. Lines, Ltd

Mitsui O.S.K. Lines (MOL) announced that the MOL-operated Tokyo International Container Terminal (TICT) reached a major milestone on August 21—a cumulative total of 20 million TEUs handled.The terminal started operations in November 1971, and in December of that year, the full containership Kamakura Maru, serving the Asia-Europe route, was the first vessel to call at TICT. After 47 years of successful operations, TICT becomes the first terminal in the Port of Tokyo to handle 20…

MOL Blue Ocean Environmental Bonds will be Japan's 1st Green Bonds

Image: Mitsui O.S.K. Lines, Ltd.

Mitsui O.S.K. Lines (MOL) announced a plan to issue green bonds (its 20th and 21st series unsecured corporate bonds) through a public offering in Japan's domestic market. It also announced the acquisition of a second opinion from a third-party institute.Japan's 1st Green Bonds are aimed at individual investors. Green bonds are used to raise funds for businesses aimed at protecting and improving the environment.MOL established the MOL Group Environmental Vision 2030 in April 2017…

Maritime Reporter Magazine Cover Sep 2018 - Maritime Port & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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