ClassNK issues approval in principle (AiP) for large ammonia-powered ammonia carrier developed by MOL, Namura Shipbuilding and Mitsubishi Shipbuilding
Tokyo – ClassNK has issued an approval in principle (AiP) for a large-size ammonia-powered ammonia carrier, jointly developed by Mitsui O.S.K. Lines Ltd., Namura Shipbuilding Co. Ltd., and Mitsubishi Shipbuilding Co. Ltd. to transport large volumes of ammonia with low emissions. The...
Mitsui O.S.K. Lines (MOL), MOL Ferry Co.(MOL Ferry), Japan Petroleum Exploration Co.(JAPEX) and Hokkaido Gas Co., (Hokkaido Gas) jointly announce that basic agreements were signed between MOL and JAPEX, and between MOL and Hokkaido Gas for supply of LNG fuel to two newbuilding LNG-fueled ferries in each port on the Oarai-Tomakomai route operated by MOL Group company MOL Ferry, says an article published on theirwebsite.
LNG fuel scheduledThe LNG fuel supply is...
https://mfame.guru/mol-and-japex-inks-lng-supply-basic-agreement/
Mitsui O.S.K. Lines, Ltd.and Ferry Sunflower Limited announced their intent to conduct a trial use of the “Berthing Aid System,” which is under development by Furuno Electric Co., Ltd. using the large-scale car ferry Sunflower Gold, which plies the Kobe-Oita route, says an article published on their website.
Improve safety and efficiencyThe “Berthing Aid System” measures the exact distance and angle between the hull and the pier, based on information obtained from LiDAR and satellite compasses,...
https://mfame.guru/mol-and-ferry-sunflower-launch-trial-of-berthing-aid-system/
Guinness World Records certifies PBCF
December 24, 2021 – A GUINNESS WORLD RECORDS title for Best-selling Energy-Saving Ship Appendage Brand (Cumulative) was certified for Propeller Boss Cap Fins (PBCF)
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that Propeller Boss Cap Fins (PBCF), sold by its group company MOL...
https://allaboutshipping.co.uk/2021/12/24/guinness-world-records-certifies-pbcf/
With the IMO ‘s tightening of SOx regulations, most ocean-going vessels now use low-sulfur heavy oil, however, the use of low sulfur heavy oil does not change CO2 emissions, says a blog article published in MOL website.
Environmentally friendly energyLiquefied Natural Gas (LNG) is an environmentally friendly energy source that emits less carbon dioxide than coal or oil. Natural gas is cooled to minus 162 degrees Celsius which turns it into a liquid.
LNG trade
Liquefaction reduces the volume to...
https://mfame.guru/current-status-future-prospects-of-lng-for-ships/
Diana Shipping Inc. announced that it has entered into a time charter contract with Mitsui O.S.K. Lines, Ltd., through a separate wholly-owned subsidiary, for one of its Kamsarmax dry bulk vessels, the m/v Astarte, says a press release published on their website.
About the contractDiana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a...
Mitsui O.S.K. Lines Ltd., in their press release, has announced their investment in Norway-based Larvik Shipping AS, a ship management company for liquefied CO2 carriers.
This marks MOL’s first foray into the liquefied CO2 ocean transport business.
CCUS technologyLiquefied CO2 ocean transport plays a key role in carbon dioxide capture utilization and storage (CCUS) value chains as a means of effectively connecting collection sites with storage or usage sites.
CCUS is drawing attention as a...
https://mfame.guru/mol-ventures-into-liquefied-co2-business-with-their-new-investment/
Mitsui O.S.K. Lines, Ltd. and Bearing, Inc. announced an expansion of their partnership that began in 2019, reads a press release by the company.
Partnership to improve shipping efficiencyThe relationship was originally established with the goal of improving shipping efficiencies within the maritime industry.
Through various trials and intensive discussions concerning ship modeling, a range of products including a newly announced AI-powered Smart Routing Engine, has been developed by combining...
https://mfame.guru/mol-bearing-team-up-on-ai-technology-for-efficient-shipping/
As part of a fleet modernization effort, Japan’s Mitsui O.S.K. Lines confirmed the retirement of one of its oldest LNG carriers, reports Splash247.
The vessel was replaced by a newly delivered ship which has...
https://mfame.guru/mol-scraps-oldest-lng-carrier-in-fleet-modernization/
MOL announces the integration of the Dry Bulk business, Wood Chip Carrier business, and Mitsui O.S.K. Kinkai, Ltd., and the establishment of a new Company, says a press release published on their website.
Reorganization within the GroupTOKYO-Mitsui O.S.K. Lines, Ltd. (“MOL”; President & CEO: Junichiro Ikeda) today announced the policy for the reorganization of the Dry Bulk business within the Group.
Mitsui O.S.K. Kinkai, Ltd. (the Company’s 100% owned subsidiary;...