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Tagged in MOL
MOL Signs Japan's 1st Sustainability-linked Lease Agreement
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced that as part of the MOL Group's environmental strategy, its group company MOL Chemical Tankers Pte. Ltd. (MOLCT) signed Japan's first sustainability-linked lease agreement with Tokyo Century …
Jul 2, 2024 / Curious
Ta San Shang Marine Signs a Deal for Construction of 3rd SOV to Serve Offshore Wind Farm in Taiwan
Mitsui O.S.K. Lines, Ltd. (MOL) and Ta Tong Marine (TSS) today announced their joint venture Ta San Shang Marine Co. Ltd. (TSSM) signed a deal for the construction of a new service operation vessel (SOV) with the Damen Group of the Netherlands on …
Jul 2, 2024 / Curious
Gearbulk, G2 Ocean’s largest shareholder, reveals new ownership structure: Mitsui O.S.K. Lines becomes Gearbulk’s main owner
By selling some shares in Gearbulk Holding AG to Mitsui O.S.K. Lines, Kristian Jebsen, Chair of the G2 Ocean Board of Directors, and his family decrease their stake in the company. Mitsui O.S.K. Lines now holds the majority of shares in Gearbulk. On …
Jun 26, 2024 / Curious
Wind Propulsion Systems will be Installed on 7 Vessels Operated by MOL Drybulk
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) and its group company MOL Drybulk Ltd. today announced their intent to install wind propulsion systems including Wind Challenger (Note 1) on a total of seven newbuilding bulk carriers and multi-purpose vessels, …
May 30, 2024 / Curious
Wind Challenger to be Installed on Coal Carrier for J-Power - World's 1st Retrofit on an In-service Vessel
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) has announced that MOL and Electric Power Development Co., Ltd. (J-Power) have agreed to install the Wind Challenger hard sail wind power propulsion system, which converts wind energy to propulsive force, on the …
May 28, 2024 / Curious
Shofu Maru, World's 1st Wind Challenger-equipped Coal Carrier, Achieves Fuel Savings of 17%
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced that its owned and operated Shofu Maru, the world's first coal carrier equipped with the Wind Challenger hard sail wind propulsion system, has completed a total of seven round-trip voyages to …
May 17, 2024 / Curious
MOL and TotalEnergies Sign Time Charter Contracts for 2 Newbuilding LPG-fueled LPG Carriers
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced that through its group company MOL Energia Pte. Ltd., it signed a time charter contract for two liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) with a subsidiary of …
May 16, 2024 / Curious
MOL Holds Naming Ceremony for Newbuilding LNG Carrier Greenergy Ocean to Serve China National Offshore Oil Corporation
First in Series of 6 Newbuilding LNG Carriers TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) held a naming ceremony on Wednesday (May 15) for a newbuilding LNG carrier, the Greenergy Ocean, for CNOOC Gas & Power Singapore Trading & Marketing …
May 16, 2024 / Curious
Newbuilding LPG-fueled LPG & Ammonia Carrier for GYXIS, Aquamarine Progress II, Delivered
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced that the LPG dual-fuel LPG/ammonia carrier (VLGC) Aquamarine Progress II, ordered by its group company, Aramo Shipping (Singapore) Pte. Ltd., was delivered on April 26 by Namura Shipbuilding Co., …
Apr 29, 2024 / Vessels
MOL Becomes First Japanese Operator to Commercially Install Onboard CO2 Capture System
Mitsui O.S.K. Lines, Ltd. (MOL) on Monday (Apr22) announced that it has decided to equip its LR1 product tanker Nexus Victoria (75,000 DWT class) with the "Filtree System," an onboard CO2 capture system with a SOx scrubber manufactured by Value …
Apr 24, 2024 / Curious