Japan’s Mitsui OSK Lines (MOL) has confirmed that it will undertake a business reorganisation of its Switzerland-based equity-method affiliate company, Gearbulk Holding, and acquire a 72 per cent stake in the company, making it a consolidated subsidiary company. The acquisition is scheduled to...
Mitsui OSK Lines
VESSEL REVIEW | Fairchem Pathfinder – Second LNG-fuelled chemical tanker in series delivered to US operator
Japanese shipping company MOL Chemical Tankers, via its recently acquired US-based subsidiary Fairfield Chemical Carriers (FCC), has taken delivery of a new vessel fitted with dual-fuel engines that can also run on LNG in addition to marine diesel. Fairchem Pathfinder belongs to a series of four 26,000DWT vessels built by Fukuoka Shipbuilding to a design […]
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Wind propulsion installation slated for MOL Drybulk vessels
Japanese shipowner Mitsui OSK Lines (MOL) has confirmed that seven vessels to be operated by its group company MOL Drybulk will be fitted with wind propulsion systems. The vessels to be fitted include six bulk carrier newbuildings and one multi-purpose vessel. Following delivery, the MOL Group will...
MOL subsidiary to operate FSRU off Poland’s Gdansk port
Japanese shipping company Mitsui OSK Lines (MOL), through a 100 per cent-owned subsidiary, has entered into a long-term time charter party (TCP) agreement with Polish gas transmission system operator Gaz-System for the operation of a floating storage and regasification unit (FSRU) off the Port of...
Chinese yard to build wind module transport ship for MOL
Mitsui OSK Lines (MOL) has awarded Chinese shipbuilder Taizhou Sanfu Ship Engineering a contract for the construction of a new heavy transport vessel. MOL’s dry bulk shipping arm MOL Drybulk will be the operator of the vessel, which will be used primarily for the transport of components of offshore...
VESSEL REVIEW | Phoenix Harmonia – Large LPG/ammonia carrier for MOL gas transport arm
MOL Energia, a Singapore-based subsidiary of Mitsui OSK Lines (MOL), has taken delivery of a new very large gas carrier (VLGC) constructed by Japan’s Namura Shipbuilding. Phoenix Harmonia is the first vessel of a newly-developed series of VLGCs constructed by Namura with assistance from Mitsubishi...
Ferry Sunflower’s third LNG-fuelled Ro-Pax floated out
Japanese shipbuilder Naikai Zosen Corporation has launched a new Ro-Pax ferry ordered by Mitsui OSK Lines (MOL) for operation by subsidiary Ferry Sunflower. Sunflower Kamuy will be the third LNG-fuelled ferry in the Ferry Sunflower fleet following its delivery and entry into service in 2025. Upon...
Hybrid hydrogen ferry enters service in Japan
MOTENA-Sea, a company under Japan’s the MOL Group, has placed a new hybrid ferry into operational service in the waters off the city of Kitakyushu. The 33-metre-long Hanaria was developed as a hybrid vessel that uses hydrogen and biodiesel as fuels. The hydrogen fuel cells consist of two 240kW...
FSRU begins operations for gas-to-power project in West Java, Indonesia
Mitsui OSK Lines (MOL) has launched the commercial operation of the floating storage and regasification unit (FSRU) Jawa Satu for the Jawa 1 LNG-fired power plant in West Java, Indonesia. MOL owns the FSRU through local partner Jawa Satu Regas, an entity jointly established by Indonesian...
SeaLoading and Petrobras eye build of new cargo transfer vessel
Mitsui O.S.K. Lines (MOL) reports that its wholly owned subsidiary, SeaLoading Holding AS has signed a charter contract for the cargo transfer vessel SeaLoader 2 with Petrobras. The two companies have also decided to enter into negotiations on placing a shipbuilding contract for a third cargo transfer vessel by the end of 2024.
SeaLoading’s cargo transfer vessels (which it logically, but confusingly, refers to as CTVs) enable crude oil from a floating production, storage & offloading system...
https://www.marinelog.com/offshore/sealoading-and-petrobras-eye-build-of-new-cargo-transfer-vessel/