MOL Joins Research Project on Use of Vibrating Sensors to Detect Abnormalities in Rotary Machineries

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 sensors to monitor the condition of key auxiliaries, such as pumps or purifiers, on a car carrier and VLCC that ... [+]

Three Japanese shipping giants agree to merge

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 ... [+]

MOL Benefactor Transits the Expanded Panama Canal

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 ... [+]

Possible East-West Alliance Could Encompass 18% of World Container Fleet Capacity

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 ... [+]

MOL Breaks Ground on New Maritime Academy in Philippines

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 ... [+]

MOL Containership Rescues Castaways

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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