NYK’s President has pointed to multiple geopolitical challenges affecting its ability to make immediate judgments on the group’s position in many countries.

Mitsui OSK Lines’ (MOL) unit MOL Techno-Trade (MOLTT) and Akishima Laboratories (Mitsui Zosen) have formed a partnership seeking fuel efficiency of greenhouse gas (GHG) emissions reduction.

Mitsui OSK Lines (MOL) has inked a long-term charter contract with ENN LNG (Singapore) Pte. Ltd., a wholly owned subsidiary of ENN Natural Gas headquartered in Langfang, China for three newbuilding LNG carriers.

Two of the world’s largest shipowners NYK and Mitsui OSK Lines (MOL) have upped their profit forecasts on the back of the performance of container line joint venture Ocean Network Express (ONE).

The world’s largest LNG bunker tanker has been officially named Gas Agility at a ceremony held in last Friday in Rotterdam.

The captain of the vessel Wakashio that broke into two off Mauritius has been arrested and charged with endangering safe navigation, it was reported.

The capesize bulk carrier Wakashio that ran aground on a coral reef has broken into two off the Mauritius coast on Saturday.