Mitsui O.S.K. Lines (MOL)

Container Shipping Market: Weekly Analysis

The container shipping market exhibited a mix of resilience and volatility this week, with stocks reflecting the impact of global trade flows, fuel costs, and supply-demand imbalances. While some companies managed to post gains, others experienced notable declines due to shifting freight rates and macroeconomic pressures.

This report provides a detailed company-by-company analysis, shedding light on the forces driving each stock’s performance.

  • COSCO SHIPPING Holdings Co Ltd ADR (CICOY)

COSCO...

https://container-news.com/container-shipping-market-weekly-analysis/

ClassNK grants AiP for large ammonia-powered carrier

ClassNK has awarded an Approval in Principle (AiP) for a large ammonia-powered ammonia carrier, jointly developed by Mitsui O.S.K. Lines (MOL), Namura Shipbuilding, and Mitsubishi Shipbuilding.

Designed for low-emission transport of large ammonia volumes, the certification confirms the vessel’s feasibility from both regulatory and safety perspectives.

As a zero-carbon fuel, ammonia is gaining traction in power generation since it emits no CO₂ when combusted. This new carrier features larger cargo...

https://container-news.com/classnk-grants-aip-for-large-ammonia-powered-carrier/

Titan conducts first bunkering for MOL under new contract

Titan Clean Fuels (Titan) and Mitsui O.S.K. Lines (MOL) have completed the first LNG and liquefied biomethane (bio-LNG) bunkering operation as part of a new multi-delivery contract for MOL’s vehicle carrier fleet.

On 16 March, Titan’s LNG bunkering vessel, Alice Cosulich, supplied 500 tons of bio-LNG and 400 tons of conventional LNG to MOL’s vehicle carrier Celeste Ace. The simultaneous operations (SIMOPS) took place at the International Car Operators (ICO) terminal in the Port of Zeebrugge,...

https://container-news.com/titan-conducts-first-bunkering-for-mol-under-new-contract/

Monthly Stock Performance Highlights

Monthly stock performance in the maritime industry has shown significant fluctuations over the past month, reflecting the shifting dynamics of global trade, freight demand, and investor sentiment. Market volatility continues to influence stock performance, with some companies benefiting from rising freight rates, while others face external challenges like supply chain disruptions and economic uncertainties.

Strong performers have taken advantage of favorable market conditions, while others have...

https://container-news.com/monthly-stock-performance-highlights-container-shipping/

MOL, KEPCO ink MoU for joint carbon credit initiative

Mitsui O.S.K. Lines, Ltd. (MOL) and Kansai Electric Power Company (KEPCO) disclosed their agreement, signing a memorandum of understanding (MoU), to explore collaborative opportunities in a carbon removal credit project.

Under the terms of the MoU, MOL and KEPCO will undertake research across Africa, Southeast Asia, and other regions to evaluate the viability and economic implications of projects aimed at generating carbon credits through atmospheric CO2 removal.

The MOL Group has committed to...

https://container-news.com/mol-kepco-ink-mou-for-joint-carbon-credit-initiative/

MOL acquires majority stake in Gearbulk

Mitsui O.S.K. Lines (MOL) announced that, following regulatory approval under competition law, it acquired a 72% stake in Gearbulk Holding AG on 20 January 2025.

This acquisition transitions Gearbulk from an equity-method affiliate to a consolidated subsidiary.

Gearbulk, a company in the transportation of semi-finished products such as pulp, has a strong history of growth. MOL and Gearbulk have maintained a 34-year partnership since MOL’s initial equity participation in 1991.

With this...

https://container-news.com/mol-acquires-majority-stake-in-gearbulk/

MOL inks agreement for Portugal-North Europe green corridor

Mitsui O.S.K. Lines (MOL) has announced the signing of a memorandum of understanding (MoU) with Madoqua Renewables Holding Lda and other global industry leaders to develop a green corridor connecting Portugal to Northern Europe.

Madoqua, a renewable energy developer, will serve as the project coordinator, leading efforts to foster collaboration across the entire value chain.

The Green Corridor project aims to create a shipping route that utilizes low-emission solutions and facilitates the...

https://container-news.com/mol-agreement-portugal-north-europe-green-corridor/

MOL, Dryad Global enter into multi-year partnership

Dryad Global, a provider of risk intelligence, maritime security, and cyber protection solutions, announced a multi-year contract with Mitsui O.S.K. Lines (MOL), one of the world’s largest shipping companies in the world.

MOL, a long-standing client of Dryad Global, has strengthened its partnership with this new agreement, incorporating Dryad’s flagship Secure Voyager Hub as a key solution for MOL’s global fleet operations.

This contract comes at a critical time as the maritime industry faces...

https://container-news.com/mol-dryad-global-enter-into-multi-year-partnership/

MOL participates in successful ammonia STS trial led by GCMD

Mitsui O.S.K. Lines (MOL) participated in the successful ammonia STS trial led by the Global Centre for Maritime Decarbonisation (GCMD).

In the absence of ammonia bunkering infrastructure, ship-to-ship (STS) transfers provide a close approximation of the bunkering process by replicating its essential steps.

“Translating the recommendations from our 2023 safety study into action through this pair of STS transfers demonstrates the essence of GCMD – operationalising pilots and trials to accelerate...

https://container-news.com/mol-participates-in-successful-ammonia-sts-trial-led-by-gcmd/

MOL, Rio Tinto forge partnership for maritime decarbonisation

On 24 January 2024, Mitsui O.S.K. Lines (MOL) entered into a partnership agreement with Rio Tinto, a major mining and metals firm and the world’s largest dry bulk shipper.

This agreement aims to strengthen collaboration in safety and crew welfare initiatives and advance the decarbonization of maritime transportation.

Furthermore, MOL and Rio Tinto have agreed to deepen their collaboration on shipping decarbonization, building upon their existing commitment to the DOO program. The DOO program,...

https://container-news.com/mol-rio-tinto-forge-partnership-for-maritime-decarbonisation/

+ More