mitsui-o-s-k-lines
Mitsui O.S.K. Lines (MOL) has sharply raised its earnings outlook for fiscal 2026, citing stronger-than-expected market conditions in its dry bulk, energy and chemical logistics businesses, along with improved performance at Ocean Network Express (ONE).
For the fiscal year ending March 31, 2027, MOL now expects revenue of ¥2.23 trillion (about US$14.1 billion), up from its previous forecast of ¥2.04 trillion. The company increased its operating profit forecast by 28.6 percent ...
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Mitsui O.S.K. Lines (MOL), Hitachi Ltd. and Japan Airlines (JAL) will conduct Japan's first pilot project using Direct Ocean Capture (DOC) technology, testing a process that removes dissolved carbon dioxide directly from seawater with the goal of supporting future low-carbon fuel production.
The companies signed a memorandum of understanding to carry ...
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Mitsui O.S.K. Lines, Ltd. President & CEO Junichiro Ikeda announced plans to work with Asahi Kasei Engineering Corporation (AEC; President: Ryuji Kawano, Headquarters: Kawasaki-shi, Kanagawa Prefecture) on a project to verify predictive detection of abnormalities in marine rotary machineries using vibrating sensors.
The research will focus on the use of vibrating ...
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After the resolution by the board of directors of each company held on Oct. 31, three Japanese shipping giants -- Kawasaki Kisen Kaisha, Ltd. (K-Line), Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha have agreed to merge, subject to regulatory approval from authorities.
The lines plan to establish a new ...
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Mitsui O.S.K. Lines, Ltd. President & CEO Junichiro Ikeda exclaimed that that the MOL Benefactor, a 10,000-TEU containership, successfully passed through the expanded Panama Canal on July 1, 2016. This is significant in that the MOL Benefactor is the first Neo-Panamax containership to perform a commercial transit through the Canal's new expanded ...
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Hanjin, Hapag-Lloyd, “K”Line, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Yang Ming have agreed to create a new alliance covering all East-West trade lanes namely, Asia-Europe/ Mediterranean, Asia-North America West Coast, Asia-North America East Coast, Transatlantic and Asia-Middle East/Persian Gulf/Red Sea. A binding agreement has been concluded by all partners ...
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Mitsui O.S.K. Lines, Ltd. (MOL) has broken ground on a new merchant marine academy in Salitran, Dasmariñas City, the Philippines. It will be jointly established with Magsaysay Maritime Corporation (MMC), MOL's partner in the Philippines. The Academy is scheduled to open in June 2018.
A large audience was on hand for ...
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Mitsui O.S.K. Lines, Ltd. President & CEO: Junichiro Ikeda announced that on Oct. 29, 2015, the MOL-operated containership MOL PROFICIENCY safely rescued all two survivors 400 kilometers offshore of Canary Islands.
Details of the rescue follow:
• At 09:05 (all times in local time) on October 29, 2015, the MOL PROFICIENCY, sailing ...
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