Marine Link
Sunday, October 21, 2018

Mol Tankship Management News

Change in Shareholding at Lisnave

There has been change in the shareholding at Portugal’s Lisnave following discussions between Germany’s German Industrial Group (GIG) and Portugal’s Estudos e Projectos Navais SA (Navivessel). The original agreement between these two companies included the possibility, if certain conditions and events were met, that GIG would acquire an additional stake of 40% of Lisnave’s share capital, thus obtaining control of the company. However, it has been decided that GIG would not increase its existing share capital and that Navivessel would acquire the 20% share capital acquired by GIG during 2002. The strategic partnership between GIG and Lisnave…

Keppel Retrofit VLCC BWTS

Keppel Shipyard Singapore: Photo credit Keppel

Keppel Shipyard undertakes Singapore’s first Ballast Water Treatment System (BWTS) retrofit project for a VLCC. MOL Tankship Management (Asia) Pte Ltd (MOL) has awarded Keppel Shipyard with a landmark Ballast Water Treatment System (BWTS) retrofit project. This is the first BWTS retrofit for an existing Very Large Crude Carrier (VLCC) owned by a Japanese shipowner as well as the first such installation to be undertaken in Singapore. The BWTS to be installed is the JFE Ballast Ace system, which was selected by MOL and supplied by JFE Engineering Corporation.

MOL Installs Ballast Water Treatment System on VLCC

In front of the VLCC Libra Trader, which recently had a new ballast water treatment system installed, representatives of the vessel’s management company, MOL Tankship Management (Asia) Pte Ltd., and the shipyard pose for a commemorative shot.

Mitsui O.S.K. Lines, Ltd. announced completion of work to install a ballast water treatment system on the very large crude oil carrier (VLCC) Libra Trader at Keppel Shipyard in Singapore. On January 10, the company announced plans to install the system on a VLCC ahead of IMO installation compulsion. MOL is the first Japanese shipping company to install such a system for existing VLCC. Keppel Shipyard has timely delivered the vessel as committed and Libra Trader has already returned to service, and the ballast water treatment system will be tested and adjusted during operation.

MOL Initiative to Cut CO2 Emissions from Vessels

Mitsui O.S.K. Lines, Ltd. announced that the company has established a Ship Energy Efficiency Management Plan (SEEMP) and started its use with the MOL tanker fleet. The SEEMP provides the most efficient vessel operation method (optimum route selection, appropriate maintenance, and so on considering slow steaming, ocean currents, and weather) to reduce CO2 emissions while ensuring safe operation and maintaining a strict operation schedule. Initially, the SEEMP was initiated by MOL Tankship Management (Europe) Ltd. then provided for all vessels managed by the MOL Tanker Division’s in-house companies effective January 1, 2011 to ensure ongoing improvement in energy efficiency by following the plan-do-check-action (PDCA) cycle.

International Marine Transport and MOL Agree on Merger

ROTTERDAM, 31 March 2011 – Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that two of its group companies—International Marine Transport Co., Ltd. and MOL Tankship Management Ltd. – have agreed to merge effective April 1, 2011, and continue and expand their business as MOL Ocean Expert Co., Ltd. The merger plan was approved by the shareholders’ meetings of both companies. Name: MOL Ocean Expert Co., Ltd. No. The merger will integrate marine officers for dry bulkships…

MOL Drill Tests Disaster Response

MOL Table Top Drill Tests Response to Possible Product Tanker Collision, Fire in Tokyo Bay. Mitsui O.S.K. Lines, Ltd. (MOL, President: Koichi Muto) announced the completion of a table top drill based on a scenario in which the MOL Group-managed petroleum product tanker Raysut collided with another merchant vessel in Tokyo Bay, resulting in explosions and a fire on board. The three-hour drill, from 1pm (local time) to 4pm on Friday, 14 October, involved the Raysut as well as the 3rd Regional Coast Guard Headquarters and other organisations.

MOL commits to Martek BNWAS

Mitsui OSK Line has made a firm commitment to install Bridge Navigational Watch and Alarm Systems (BNWAS) on board its ships ahead of regulatory requirements. The company has taken the opportunity of the drydocking of 17 of its vessels so far this year to install the Martek Marine Navgard BNWAS. MOL said it was likely that all of its existing vessels would be fitted with BNWAS before the end of 2011. Under the terms of the revised SOLAS regulations new passenger vessels and cargo ships greater than 150gt have had to implement BNWAS since July 2011.

Martek BNWAS for MOL

Mitsui OSK Line made a firm commitment to install Bridge Navigational Watch and Alarm Systems (BNWAS) on board its ships ahead of regulatory requirements. The company has taken the opportunity of the drydocking of 17 of its vessels so far this year to install the Martek Marine Navgard BNWAS. MOL said it was likely that all of its existing vessels would be fitted with BNWAS before the end of 2011. Under the terms of the revised SOLAS regulations new passenger vessels and cargo ships greater than 150gt have had to implement BNWAS since July 2011. However, existing passenger ships and cargo vessels greater than 3,000gt can wait until July 2012 before BNWAS becomes mandatory…

Tank Vessel Response Plan: Alaska Violators Fined

The vessels Pacific Galaxy, operated by Synergy Maritime PET; Tamar, operated by MTM Ship Management, and Yayoi Express, operated by MOL Tankship Management, have been issued a monetary violation for non-compliance with Title 33 Code of Federal Regulations Part 155 Subpart D in Alaska. Vessel operators can face penalties of up to $11,000 per violation, per day. Tank vessels bound to or from a U.S. port and transiting through the Western Alaska Captain of the Port zone, remind the US Coast Guard, must have an approved geographic specific appendix in their vessel response plan for Western Alaska prior to transiting or operating within the COTP zone if carrying oil in bulk as cargo or oil cargo residue.

USCG Issues Fines for Tank Response Plan Noncompliance

The Coast Guard has issued monetary penalties to three vessel operators in violation of federal regulations related to tank vessel response plan requirements. The vessels Pacific Galaxy, operated by Synergy Maritime PET, Tamar, operated by MTM Ship Management, and Yayoi Express, operated by MOL Tankship Management, have been issued a monetary violation for noncompliance with Title 33 Code of Federal Regulations Part 155 Subpart D in Alaska. Vessel operators can face penalties of up to $11,000 per violation, per day. Tank vessels bound to or from a U.S. port and transiting through the Western Alaska Captain of the Port zone must have…

Maritime Reporter Magazine Cover Oct 2018 - Marine Design Annual

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.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News