MOL Clinches FSRU Charter Deal
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that Lakler S.A., 100% subsidiary of MOL has officially agreed to conclude a charter contract, with an eye toward reaching a final deal in June this year, with Gas Sayago, a joint venture between Uruguay'…
MOL Launches Coastal LNG Transport in Indonesia
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today teamed up with a local partner in Indonesia, PT Pelindo Energi Logistik (PEL; President Director: Denny Hermanto) to launch joint operation of the LNG carrier Triputra, which conducted the project’s first discharging operation at the Port of Benoa on Bali Island.
MOL's LNG Carrier KUMUL Delivered
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced the delivery of the LNG carrier KUMUL at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong) in Shanghai on April 29. A naming ceremony was held at the shipyard on April 8. The KUMUL, which was ordered by MOL subsidiary Gemini LNG Shipping Limited (Gemini)…
MOL Autopilot Route Control Function Saves 1.5% Energy
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that the company, along with Tokyo Keiki Inc. (President & CEO: Kenichi Waki; Headquarters: Ota-ku, Tokyo), conducted a performance demonstration test of its autopilot route control function, called “Advanced Control for Ecology (ACE)”, onboard a vessel in service.