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ABB Marine Academy Offers Arctic Course
Responding to strong demand from the ice-going vessel segment, ABB says it has developed in cooperation with customers a new course for deck officers covering the…
Parker to Supply Three Arctic Vessels
Parker Bestobell Marine, a supplier of cryogenic valves and part of Parker, a leader in motion and control technologies, has received a major new order from DSME (Daewoo Shipbuilding & Marine Engineering) in South Korea to supply cryogenic valves for three new vessels. The company’s valves will be used in the cargo handling systems, including the main discharge line that controls the initial flow of LNG from the cargo tanks when pumping starts.
Two MOL Subsidiaries' Names Changed
Mitsui O.S.K. Lines, Ltd. today announced name changes for two of its major wholly owned subsidiaries: MM HOLDINGS (AMERICAS) INC. to MOL (AMERICAS) HOLDINGS, INC.…
MOL Reshuffles US Route, Inks Car Transport Deal
Mitsui O.S.K. Lines, Ltd. today announced that it has won a contract to transport vehicles manufactured at Toyota Argentina S.A. to ports on West Coast South America and West Coast Central America.
MOL Makes Fleet-wide Migration to Fleet Xpress
26 July 2016: Inmarsat (LSE:ISAT.L), the leading provider of global mobile satellite communications services, has announced that its partner JSAT MOBILE Communications…
MOL Signs Long-Term Charter with Uruguayan JV for FSRU
Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for a…
A Painful Shipping Record – Vessel Scrapping
More containership capacity is being demolished than ever before, including old-design ships made redundant by the new Panama Canal. Drewry checks if this end the current capacity surplus?
Virginia Port throughput a Modest 2.57 Mi TEUs
Driven by strong imports, The Port of Virginia handled 216,672 twenty-foot equivalent units (TEUs) in its strongest June cargo performance on record that helped…
Panama Canal, PortMiami Renew MOU as Port Welcomes MOL Majesty
Today, another milestone agreement was reached as Panama Canal Administrator and CEO Jorge L. Quijano and PortMiami Director Juan M. Kuryla renewed a Memorandum…
EU Accepts Antitrust Concessions from Maersk, MSC, Others
EU antitrust regulators accepted on Thursday an offer from Maersk, the world's largest container shipping liner, and 13 other competitors to change their pricing practices. The companies agreed to publish binding actual rates 31 days before they go into effect, with the figures acting as a price ceiling. Under the current system, they only publish the amount of the increase, not the final price. The other 13 firms are No.2 player MSC, No.
MOL Benefactor - First Neo Panamax Containership Transits Expanded Canal
Mitsui O.S.K. Lines, Ltd. today announced that the MOL Benefactor, a 10,000-TEU containership has successfully passed through the expanded Panama Canal on July 1, 2016.
EU to Accept Antitrust Offer from Maersk, MSC, 13 Others
World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible penalties as EU antitrust regulators plan to accept their offer to end a five-year probe, three people familiar with the matter said on Tuesday. The European Commission is likely to announce its decision next month, which means no fine or finding of wrongdoing against the companies, the sources said. Commission spokesman Ricardo Cardoso declined to comment.
EU to Accept Antitrust Offer From Maersk, MSC, 13 Others
World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible penalties as EU antitrust regulators plan to accept their offer to end a five-year probe…
Condition-based Monitoring for MOL’s New Tanker
Mitsui O.S.K. Lines (MOL) has introduced ClassNK Consulting Service’s condition-based monitoring (CBM) system ClassNK CMAXS e-GICSX on the M/V Taranaki Sun, marking…
THE Alliance Beckons HMM
Hyundai Merchant Marine (HMM) is sailing into the THE Alliance. With the new charter deals it is now “one step closer to becoming a member of THE Alliance”, from…
Myanmar Scrambles to Clear Port Jam
The weeks-long traffic jam of cargo ships at the Myanmar’sbiggest port threatens to scare potential investors away and choke off nascent economic growth, says a report in Reuters.
MOL Launches Scrubber Technology Study
Mitsui O.S.K. Lines Ltd. announced that it has entered into a joint study to equip in-service vessels with SOX scrubber system, to ensure compliance with upcoming…
The Hour of the Networkers
Hapag-Lloyd launches “THE Alliance” with old and new partners – Customers benefit from additional sailings and direct connections. The container shipping industry…
Japan's Big Three Shipping Lines Form 3rd Largest Alliance
Japan’s three largest shipping companies - Nippon Yusen Kabushiki Kaisha (NYK), Mitsui O.S.K Lines (MOL), and Kawasaki Kisen Kaisha (“K” Line) - and three other…
Hapag-Lloyd, Competitors Form New Pact
To fend against M2, newly forming Ocean Alliance is latest push for economies of scale groups. German container shipping firm Hapag-Lloyd has formed a new alliance with five Asian competitors…
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
MOL Invests in Fleet of the Future
Japan Seminar and Reception at the SMM Show
