Mitsui OSK Lines (MOL) says that 1,020 tonnes of fuel oil has been pumped out from the fuel tanks of the stricken bulker Wakashio aground off Mauritius, as cracks grow in its hull.
Mitsui OSK Lines (MOL) has cut the number of staff working in its offices in Japan further as the spread of the coronavirus (Covid-19) continues to worsen in the country.
Mitsui OSK Lines (MOL) plans to shrink its fleet size by a maximum of 40 ships as it looks to reduce market exposure as part of a ‘crisis response’ amid the coronavirus (COVID-19) pandemic.
Mitsui OSK Lines (MOL) and its consortium members have applied to the Nippon Foundation to seek funding for demonstration voyages to test technologies for unmanned vessels by March 2021.
Japan’s Mitsui OSK Lines (MOL) has pledged $10,000 in cash aid to help support the victims of the Taal volcanic eruption in the Philippines.
Japan’s Mitsui OSK Lines (MOL) and China’s Cosco Shipping Energy Transportation (CSET) have signed a memorandum of understanding to further cooperate in LNG carrier and ethane carrier projects.
Japan’s Mitsui OSK Lines (MOL) and three compatriot firms have joined hands to establish a new company that will develop and promote zero-emission fully electric vessels.
Japan’s Mitsui OSK Lines (MOL) has launched a working group aimed at reducing carbon dioxide (CO2) emissions in shipping by using synthetic methane as an alternative to fossil fuels.
Mitsui OSK Lines (MOL) remained in the black in the first quarter ended 30 June 2019 with a $113.8m and has maintained its full year profit forecast.
Japanese shipowner Mitsui OSK Lines (MOL) celebrated 25 years of its start-up of business operations in Indonesia with a reception in Jakarta last week.