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.

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.
Source: gCaptain’s “A Look Back: MOL Comfort Incident Photos [25 Photos]”
06 Feb 2014
Mitsui O.S.K. Lines has confirmed to the JOC that it has filed a lawsuit in Tokyo against Mitsubishi Heavy Industries for damages related to the MOL Comfort incident.
NYK Line vessel
03 Feb 2014
Japanese carriers NYK Line, MOL and “K” Line posted combined losses of more than 14.5 billion Japanese yen (about US$144.4 million) in the first three quarters of fiscal year 2013...
Port of Hong Kong
28 Jan 2014
Jefferies expects Asian container lines’ earnings for the fourth quarter of 2013 overall will be in line with or below Bloomberg consensus estimates, as freight rates in Asia-related trade lanes continued to slide and overcapacity remained.
15 Jan 2014
The U.S. Federal Maritime Commission today requested more information from the G6 Alliance of ocean carriers on their plans to share vessel space and cooperate more closely on trade routes between Asia and the U.S. West Coast and between Europe and the U.S. East Coast.
09 Jan 2014
The Japan Fair Trade Commission (JFTC) has decided to impose fines on some shipping firms for allegedly violating the antitrust law in transporting automobiles.
09 Dec 2013
The G6 Alliance laid out an aggressive blueprint for expanding in the U.S. market, saying it could establish a joint operations center similar to the P3 alliance and could jointly negotiate for terminal space, shipbuilding, as well as barge, transshipment and other services.
Thumbnail for G6 v P3 infographic
05 Dec 2013
The G6 Alliance is taking steps to counter the planned P3 Network in a battle for east-west dominance.
Hapag-Lloyd vessel
03 Dec 2013
The G6 Alliance unveiled plans to expand into the trans-Atlantic and Asia-U.S. West Coast trade lanes in a widely expected response to the proposed P3 Network partnership between the world’s three largest carriers, Maersk Line, Mediterranean Shipping Co. and CMA CGM.
Empty containers
25 Nov 2013
The largest ocean carriers sharply increased their market share at the expense of their smaller rivals in the third quarter, according to Drewry Maritime Research.
09 Oct 2013
Members of the G6 Alliance have withdrawn eight Asia-to-Europe sailings, effective from late October 2013 to February 2014, in response to expected low demand during the winter season.