Tag: MOL

MOL launches information platform for drybulk shippers
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MOL launches information platform for drybulk shippers

Mitsui O.S.K. Lines (MOL) has commenced operation of a new information platform called Lighthouse, aimed at helping dry bulkship customers share and monitor ocean transport information. The platform will help users safely, unitarily, and in real time, share and monitor various kinds of shipping-related information, such as vessel schedules, weather, ocean conditions, as well as...

MOL and e5 Lab launch study on hydrogen hybrid pure car carrier
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MOL and e5 Lab launch study on hydrogen hybrid pure car carrier

Mitsui O.S.K. Lines (MOL) and e5 Lab have concluded a Memorandum of Understanding (MOU) to conduct a joint study of a hybrid pure car carrier (PCC) equipped with a hydrogen fuel cell system and large-capacity batteries. The companies aim to develop a hydrogen hybrid PCC that has no CO2, sulphur oxides, nitrogen oxides or particulate...

Shipping trio share data with ONE through common data platform
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Shipping trio share data with ONE through common data platform

Kawasaki Kisen Kaisha (K LINE), Mitsui O.S.K Lines (MOL), and Nippon Yusen Kabushiki Kaisha (NYK) have begun sharing operational data acquired from the monitoring system installed in their container ships with their charter, Ocean Network Express (ONE). The data is being shared through the IoS-Open Platform (IoS-OP) promoted by Ship Data Centre (ShipDC). As K...

MOL joins the International Windship Association
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MOL joins the International Windship Association

Tokyo headquartered MOL O.S.K. Lines has announced that it is joining the International Windship Association (IWSA) as a full member. The news comes following the recent AIP approval for the Wind Challenger, wind-assisted vessel design by Class NK. As an IWSA member, MOL will bring substantial experience and industry know-how on wind-assisted and primary wind...

MOL and Oshima granted AiP for hard sail system
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MOL and Oshima granted AiP for hard sail system

Mitsui O.S.K. Lines has announced that MOL and Oshima Shipbuilding have jointly obtained Approval in Principle (AIP) from Nippon Kaiji Kyokai (ClassNK) for the design of a hard sail system. The system converts wind energy to propulsive force with telescopic hard sail and is a fundamental technology of the “Wind Challenger Project” that MOL and...

Digital tools for performance optimisation: a ship operator’s perspective
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Digital tools for performance optimisation: a ship operator’s perspective

The shipping industry is transitioning to a more digitalised and connected way of operating, finding new tools and technologies to improve safety and operational efficiency. VPO Global spoke with one ship operator, Mitsui O.S.K. Lines (MOL) about the company’s approach to safety and environmental responsibility. The word ‘efficiency’ is regularly heard in the shipping industry...

Japanese shipping firms plan for zero-emission electric ships
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Japanese shipping firms plan for zero-emission electric ships

Asahi Tanker, Exeno Yamamizu Corporation, Mitsui O.S.K. Lines (MOL) and Mitsubishi Corporation have agreed to create a strategic partnership to provide new infrastructure services to support the development and operation of electrically powered zero-emission vessels. The newly established company will be known as e5 Lab and will work to develop and promote the greater use...

MOL and COSCO commit to LNG and Ethane projects
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MOL and COSCO commit to LNG and Ethane projects

Mitsui O.S.K. Lines (MOL) and COSCO SHIPPING Energy Transportation, a subsidiary of China COSCO Shipping Corporation, have signed a Memorandum of Understanding to further the joint cooperation between the two organisations for future LNG carrier projects and Ethane carrier projects. MOL and CSET have established a strong and extensive partnership for more than ten years....

MOL supports synthetic methane for zero-emission shipping
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MOL supports synthetic methane for zero-emission shipping

Mitsui O.S.K. Lines (MOL) has joined the Carbon Capture & Reuse (CCR) Study Group* and launched the “Cross-industrial Working Group Related to Zero Emission Alternative Ship Fuels.” The working group aims to reduce CO2 emissions in international shipping’s value chains by using synthetic methane (methanation fuel) as an alternative to fossil fuels. Synthetic methane is...

MOL issues sustainability bonds
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MOL issues sustainability bonds

Mitsui O.S.K. Lines (MOL) has announced a plan to issue ‘Sustainability Bonds’ through a public offering in Japan’s domestic market in July of this year. It also announced the acquisition of a preliminary evaluation from a third-party institute. The sustainability bonds will be used to finance and refinance green projects, which protect and improve the...

Japanese LNG carriers opt for Wärtsilä maintenance service
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Japanese LNG carriers opt for Wärtsilä maintenance service

A joint venture between Mitsui O.S.K. Lines (MOL) and JERA and a separate venture between Nippon Yusen Kabushiki Kaisha (NYK) and JERA have signed long-term service agreements with Wärtsilä. The agreements cover a total of four Japanese owned LNG Carriers. Wärtsilä’s Dynamic Maintenance Planning (DMP) service will be used to identify issues and maintain the...

MOL VLCCs to use AR navigation systems
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MOL VLCCs to use AR navigation systems

Mitsui O.S.K. Lines (MOL) intends to install augmented reality (AR) navigation systems onboard 21 MOL Group operated very large crude oil carriers (VLCCs). The AR navigation technology jointly developed by Furuno Electric displays information on ships sailing on a vessel’s planned route and surrounding sea areas as well as ocean conditions. The system integrates information...