Mitsui O.S.K. Lines

Mitsui O.S.K. Lines

MOL, or Mitsui O.S.K. Lines Ltd., is an international shipping company based in Tokyo, Japan. Created after a 1964 merger, MOL owns a fleet of container ships, bulk carriers, tankers, LNG carriers and other vessels. MOL also offers logistics services and technology services and operates ferries and coastal liners.

Ocean carrier rate revision roundup for Aug. 29
29 Aug 2014
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Maersk Kampala
29 Aug 2014
Global schedule reliability has declined for the first time in six months, as carriers continue to deal with congestion in North Europe and the U.S. West Coast, according to a new report from SeaIntel Maritime Analysis.
25 Aug 2014
The market for container terminals in the U.S. is being helped by cheap prices, low risk, and the advent of automation, according to the latest newsletter from industry analyst Drewry Maritime Research.
CMA CGM was correct in saying its PEX3 service had the fastest transit time from Yantian to Los Angeles at 13 days.
11 Aug 2014
It is becoming increasingly difficult for a shipper to determine which carrier in the eastbound trans-Pacific has the fastest transit time between two given ports, according to a new analysis from SeaIntel, a consulting firm.
Ocean carrier rate revision roundup for August 8
08 Aug 2014
Major container lines announced general rate increases taking place in mid-August through October this week.
01 Aug 2014
The G6 Alliance is performing abysmally compared with its competitors when it comes to schedule reliability, according to a new SeaIntel report.
01 Aug 2014
More than a year after the container ship MOL Comfort and its 4,382 containers sank in the Gulf of Aden, shippers are watching developments in a Japanese court and awaiting a classification society’s report on the sinking.
31 Jul 2014
Mitsui O.S.K. Lines Ltd. reported a sharp deterioration in its container-shipping financials for its fiscal first quarter ending on June 30th and said that rates during the remainder of its year would not recover to the degree it had projected.
31 Jul 2014
Interim result season is in full swing, and the financial reports reveal carriers in the container-shipping industry searching for a silver lining.
30 Jul 2014
Despite managing to restore profitability in the past year, MOL president Koichi Muto said the company’s container division continues to lose money and can’t recover without massive changes.
02 Jul 2014
DP World London Gateway has gained its fifth service since opening in November 2013, following Hapag-Lloyd and Mitsui O.S.K. Lines’ merger of their Europe-West Africa joint services.
09 Jun 2014
Container shipping veteran Richard “Dick” Craig was promoted to CEO of Mitsui O.S.K. Lines, Ltd. America on June 9.