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Transpacific Vessel Capacity Resumes Growth
Total vessel capacity supply by ocean carriers on the transpacific trade has started increasing again, according to a report released this week by ComPair Data Inc.
KMSS Gets Orders
Kongsberg Maritime Ship Systems (KMSS) has recently won a number of orders for its cargo monitoring systems in Japan and Korea. These new orders are collectively…
Container Transport By Rail Remains Stable
According to the annual report of the Dutch organization of rail operators container transport by rail was constant in 2001. Within the Netherlands it declined with 2 percent to 225,000 TEU.
Mitsui O.S.K. Orders Five Containerships
Japan's Mitsui O.S.K. Lines Ltd. (MOL) has ordered three 6,000-TEU containerships from Ishikawajima-Harima Heavy Industries Co. (IHI). Both companies declined to comment on the contract terms…
Propulsion News
Propeller Boss Cap Fins (PBCF) is a propeller enhancing device, which is designed to cut fuel consumption and exhaust gases by up to five percent while incurring…
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 Promotes Two to Director Level Positions
MOL (America) Inc. has promoted Diana Jackson and JoAnn Yourcheck to Director level positions. Jackson has been promoted to the position of Director, Equipment Control for North America…
MOL (America) Inc. Welcomes New Manager
MOL (America) Inc. appointed of Akira Kunimatsu to the position of Senior Manager, International Sales, Midwest region. Mr. Kunimatsu, who is based in Elmhurst, IL…
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).
MOL Resigs from WTSA & CWTSA
MOL will resign from the Westbound Transpacific Stabilization Agreement (WTSA), and the Canada Westbound Transpacific Stabilization Agreement (CWTSA), effective June 12, 2005.
MOL Launches Training Vessel
Mitsui O.S.K. Lines, Ltd. launched its first training vessel, the Spirit of MOL, at the Tsuneishi Shipbuilding Company in Fukuyama, Hiroshima Prefecture. Executives…
MOL to Expand Fleet
MOL has outlined plans for fleet expansion. MOL announced that it intends to increase the bulkship fleet by 60 vessels over the period to mid-2012. In addition,…
MOL Announces Shipbuilding Program
Mitsui O.S.K. Lines, Ltd. announced a major expansion of the company's iron ore carrier fleet, with a proposal to launch 44 new vessels. The move is part of MOL's…
Limited Brands Honors MOL
Limited Logistic Services, the transportation arm of specialty retailer, Limited Brands, has presented MOL its ocean carrier 2006 Distinguished Service Provider award.
Höegh LNG and Mitsui OSK Lines Confirm LNG Re-gasification Vessels
Höegh LNG and Mitsui OSK Lines, Ltd. (MOL) confirm the signing of long term time charter parties for two Shuttle and Regasification Vessels (SRV) with SUEZ LNG Trading SA.
MOL Establishes New East Coast Service
MOL will soon be initiating a new direct service between the East Coast of South America and the U.S. MOL will be replacing its current AXL Service with the Americas Container Express (ACX) Service.
Primorsk to Build Gas Carrier
The Primorsk Shipping Corporation (PRISCO), as part of the MOL/K Line/PRISCO consortium, has started building a carrier vessel to transport liquefied natural gas…
PRISCO Starts Construction of Gas Carrier
Construction of a gas carrier for MOL/K Line/PRISCO began at Mitsui Engineering and Shipbuilding in the city of Chiba, Japan. Currently underway is the assembly…
Asia-East Coast Service to Call on Savannah
The Grand Alliance, comprised of OOCL, NYK Hapag-Lloyd, and the New World Alliance, comprised of APL, MOL and Hyundai Merchant Marine announced the addition of the…
Titan Redelivers Salvaged Car Carrier
Titan worldwide salvage company and subsidiary of Crowley Maritime Corporation, redelivered the car carrier Cougar Ace to owners yesterday in Dutch Harbor, Alaska.
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
MOL Invests in Fleet of the Future
Japan Seminar and Reception at the SMM Show