MOL signs deal on a long-term charter contract to utilize "MOL FSRU Challenger" for Hong Kong Offshore LNG Terminal Project

MOL signs deal on a long-term charter contract to utilize "MOL FSRU Challenger" for Hong Kong Offshore LNG Terminal Project

TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL) today announced that MOL has entered into a long-term charter contract with Hong Kong LNG Terminal Limited, to supply a Floating Storage and Regasification Unit (FSRU), as well as …
Jun 24, 2019 /  Curious
MOL and GAIL Sign Charter Contract for one LNG Carrier

MOL and GAIL Sign Charter Contract for one LNG Carrier

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) Thursday (Jun20) announced that, through a wholly owned subsidiary of MOL, a short-term charter agreement for a liquefied natural gas (LNG) carrier has been signed with GAIL (India) …
Jun 21, 2019 /  Curious
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