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Tagged in MOL
MOL announces the world’s 1st installation of rotor sail on a Capesize bulk carrier for VALE
Mitsui O.S.K. Lines, Ltd. (MOL) and Vale International SA (VALE) announced that a 200,000-ton class bulk carrier, currently employed under a mid–term contract for transportation of iron ore for Vale, has been successfully retrofitted with two 35m x …
Aug 21, 2024 / Curious
MOL Announces Delivery of Bulk Carrier Green Winds, 2nd Vessel Equipped with Wind Challenger Hard Sail Propulsion System
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced that on July 10, the Green Winds, a 63,896 DWT Ultramax bulk carrier equipped with the Wind Challenger hard sail wind power propulsion system (Note 1), was completed at Oshima Shipbuilding Co., …
Jul 10, 2024 / Vessels
MOL Coastal Shipping Holds Naming and Launching Ceremony for the Daiichi Meta Maru, Japan's 1st Methanol-fueled Coastal Tanker
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced that on July 3, its group MOL Coastal Shipping, Ltd. held a naming and launching ceremony for a newbuilding coastal tanker, jointly owned by MOL Coastal Shipping, Tabuchi Kaiun Co., Ltd., and …
Jul 8, 2024 / Vessels
MOL Signs Japan's 1st Sustainability-linked Lease Agreement
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced that as part of the MOL Group's environmental strategy, its group company MOL Chemical Tankers Pte. Ltd. (MOLCT) signed Japan's first sustainability-linked lease agreement with Tokyo Century …
Jul 2, 2024 / Curious
Ta San Shang Marine Signs a Deal for Construction of 3rd SOV to Serve Offshore Wind Farm in Taiwan
Mitsui O.S.K. Lines, Ltd. (MOL) and Ta Tong Marine (TSS) today announced their joint venture Ta San Shang Marine Co. Ltd. (TSSM) signed a deal for the construction of a new service operation vessel (SOV) with the Damen Group of the Netherlands on …
Jul 2, 2024 / Curious
Gearbulk, G2 Ocean’s largest shareholder, reveals new ownership structure: Mitsui O.S.K. Lines becomes Gearbulk’s main owner
By selling some shares in Gearbulk Holding AG to Mitsui O.S.K. Lines, Kristian Jebsen, Chair of the G2 Ocean Board of Directors, and his family decrease their stake in the company. Mitsui O.S.K. Lines now holds the majority of shares in Gearbulk. On …
Jun 26, 2024 / Curious
Wind Propulsion Systems will be Installed on 7 Vessels Operated by MOL Drybulk
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) and its group company MOL Drybulk Ltd. today announced their intent to install wind propulsion systems including Wind Challenger (Note 1) on a total of seven newbuilding bulk carriers and multi-purpose vessels, …
May 30, 2024 / Curious
Wind Challenger to be Installed on Coal Carrier for J-Power - World's 1st Retrofit on an In-service Vessel
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) has announced that MOL and Electric Power Development Co., Ltd. (J-Power) have agreed to install the Wind Challenger hard sail wind power propulsion system, which converts wind energy to propulsive force, on the …
May 28, 2024 / Curious
Shofu Maru, World's 1st Wind Challenger-equipped Coal Carrier, Achieves Fuel Savings of 17%
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced that its owned and operated Shofu Maru, the world's first coal carrier equipped with the Wind Challenger hard sail wind propulsion system, has completed a total of seven round-trip voyages to …
May 17, 2024 / Curious
MOL and TotalEnergies Sign Time Charter Contracts for 2 Newbuilding LPG-fueled LPG Carriers
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced that through its group company MOL Energia Pte. Ltd., it signed a time charter contract for two liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) with a subsidiary of …
May 16, 2024 / Curious