Long-term Wärtsilä Service Agreements support optimal performance for LNG Carriers

Long-term Wärtsilä Service Agreements support optimal performance for LNG Carriers

The technology group Wärtsilä has signed long-term service agreements for four Japanese owned LNG Carriers. Wärtsilä’s Dynamic Maintenance Planning (DMP) proposition with performance guarantees …
May 21, 2019 /  Vessels
MOL held a naming ceremony for Tokyo Gas’ LNG pair

MOL held a naming ceremony for Tokyo Gas’ LNG pair

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) announced that a naming ceremony for two newbuilding LNG carriers was held at the Tsu Shipyard of Japan Marine United Corporation (JMU) on April 24. Caption: Energy Innovator …
Apr 25, 2019 /  Vessels
MOL Takes Delivery of Very Large Crude Carrier PHOENIX JAMNAGAR

MOL Takes Delivery of Very Large Crude Carrier PHOENIX JAMNAGAR

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) yesterday announced, the delivery of a Very Large Crude Carrier (VLCC), Phoenix Jamnagar on April 24, which was built at Japan Marine United Corporation (JMU) Ariake works and will …
Apr 25, 2019 /  Vessels
MOL co-own world 6 largest Liquified Ethan Carrier with Reliance

MOL co-own world 6 largest Liquified Ethan Carrier with Reliance

Mitsui O.S.K. Lines Ltd, (MOL), with Head office located at Minato-ku, Tokyo, Japan and Reliance Ethane Holding Pte. Ltd. (REHPL) a 100% subsidiary of Reliance Industries Ltd (RIL) (*1) and based in Singapore agreed to …
Apr 24, 2019 /  Curious
MOL to Install AR Navigation System on 21 VLCCs (Video)

MOL to Install AR Navigation System on 21 VLCCs (Video)

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced its intention to install a navigation system using augmented reality (AR) technology jointly developed by Furuno Electric Co., Ltd. and MOL Techno-Trade, Ltd. on 21 …
Apr 22, 2019 /  Vessels
Mitsui O.S.K. Lines Ltd. to acquire strategic stake in six group companies (each owning a Very Large Ethane Carrier) of RIL

Mitsui O.S.K. Lines Ltd. to acquire strategic stake in six group companies (each owning a Very Large Ethane Carrier) of RIL

Reliance Ethane Holding Pte. Ltd. (REHPL) (incorporated in Singapore, a wholly owned subsidiary of Reliance Industries Limited (RIL), having 100% holding in six limited liability companies (LLCs) which own Very Large …
Apr 19, 2019 /  Finance
Participation of Mitsui and MOL and Conclusion of Financing for FPSO Charter Project of MODEC for Area 1 Block offshore Mexico

Participation of Mitsui and MOL and Conclusion of Financing for FPSO Charter Project of MODEC for Area 1 Block offshore Mexico

MODEC, Inc. (MODEC), Mitsui & Co., Ltd. (Mitsui) and Mitsui O.S.K. Lines, Ltd. (MOL) jointly announce that Mitsui and MOL have participated in a long-term charter business ("the Project") operated by MODEC for the …
Apr 15, 2019 /  Vessels
MOL and Karpowership (Karpower International B.V.) to collaborate on the LNG to Powership business

MOL and Karpowership (Karpower International B.V.) to collaborate on the LNG to Powership business

Cooperation in Sales and Investment fields between World’s Largest Floating Power Plant company and Largest FSRU Operator in Asia TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL)(*1) and Karpower International B.V. …
Mar 29, 2019 /  Curious
MOL Group to Launch Demonstration Test of Mooring Rope with built-in Sensor, Rope Status Monitoring System

MOL Group to Launch Demonstration Test of Mooring Rope with built-in Sensor, Rope Status Monitoring System

Aiming for Safe, Stress-free Cargo Handling TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) yesterday (Mar 11) announced that, in partnership with MOL Coastal Shipping, Ltd., and MOL Information Systems, Ltd., it will start a …
Mar 12, 2019 /  Curious
MOL Holds Delivery Ceremony for LNG-fueled Tugboat Ishin

MOL Holds Delivery Ceremony for LNG-fueled Tugboat Ishin

Mitsui O.S.K. Lines, Ltd. (MOL) has announced that on February 27, the delivery ceremony for the LNG-fueled tugboat the company ordered from Kanagawa Dockyard Co., Ltd. was held in Kobe Port. On hand for the event were …
Feb 28, 2019 /  Vessels