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.

MOL posted revenues of US$16.05 billion in 2013-- down 8.1 percent on a year-on-year basis. The company recorded a net loss of $1.9 billion, up 83.4 percent from the previous year’s net loss of $316.4 million.

MOL was the 14th-ranked container carrier in U.S containerized import trade in 2013, with volume of 662,069 TEUs, up 13.9 percent year-over-year, giving it market share of 3.7 percent. It was No. 15 in U.S. containerized export trade in 2013, with volume of 370,562 TEUs, up 5.3 percent year-over-year and market share of 2.9 percent. For more carrier rankings see the JOC’s Top 40 Container Carriers special topic.

06 Dec 2016
The original language would have expanded the antitrust immunity of container shipping alliances.
29 Nov 2016
US Federal Maritime Commission member William Doyle said the FMC should be “very cautious” about allowing container lines to use their alliances’ antitrust immunity to deal collectively with US service providers.
08 Nov 2016
THE Alliance on Tuesday announced details of its network of routes and port calls.
08 Nov 2016
Eager to avoid the fate of neighboring South Korea’s Hanjin Shipping, Japan’s Big Three shipping companies are lobbying the government for favorable tax and budgetary measures.
01 Nov 2016
For decades, the Japanese lines have competed fiercely for their share of the container market, but that has ended with the agreement to merge liner operations.
31 Oct 2016
Synergies can be obtained through a single operating unit.
31 Oct 2016
A merged NYK Line, “K” Line, and MOL would be the dominant mover of containerized goods from Asia to the United States if operations were to begin today.
31 Oct 2016
Japan’s Big Three container lines downgraded their full-year earnings forecasts and said they expected record losses as their fiscal first-half results illustrated the financial difficulties that motivated their Monday announcement they would merge.
31 Oct 2016
With no turnaround for container shipping in the foreseeable future, the three largest Japanese shipping companies are merging.
30 Oct 2016
Three Japanese lines seek scale benefits in move to merge container divisions.
21 Oct 2016
A group of Asian container lines is injecting capacity into the Asia-Australia trade.
23 Aug 2016
No surprises as a weak October encourages G6 to withdraw sailings on major east-west trades.