MOL delivers $242m profit for 2018

Japanese shipping company Mitsui O.S.K. Lines (MOL) reverted to profitability in fiscal year 2018, unlike its…

Cartel: Chile fines NYK, MOL $9.1m

The Chilean Tribunal for the Defense of Free Competition (TDLC) released its final ruling in a…

MOL returns to the black, forecasts better year ahead

Mitsui OSK Lines (MOL) returned to the black in FY2018, ended 31 March 2019, and is…

MOL ship sets new record, loads 19,100 TEU in Singapore

The Ocean Network Express’s ultra-large containership MOL Tribute has set a new record for the most…

MOL announces new restructuring measures

Mitsui O.S.K. Lines, Ltd. announced that it will restructure the organization effective April 1, 2019. The…

MOL suspends cruise shipmaster following Guam incident 

Mitsui O.S.K. Passenger Line, a part of Japan’s shipping major MOL, has suspended the Master of one…

MOL: IMO sulphur cap will have crucial effect on maritime industry

The enforcement of the International Maritime Organisation (IMO) 2020 low sulphur regulations will have a crucial…

Japanese carrier K Line back in profit; MOL in red 

Japanese shipping company, K Line delivered a net profit of JPY 10.4 billion for the fiscal…

MOL unveils major restructuring plan 

Japanese shipping major Mitsui O.S.K. Lines (MOL) plans to undertake a number of changes as part…

Cartel: European Commission fines MOL, NYK, others $486m 

By Jite Eriabie  The European Commission has slammed a fine of US$486.6 million on four car…

MOL adopts artificial intelligence to boost vessel performance

By Jite Eriabie   Japan’s Mitsui O.S.K. Lines (MOL) has teamed up with Fujitsu Laboratories, and Tokyo…

MOL records 18% drop in first half profit 

By Jite Eriabie  Japan “big three” shipowner Mitsui OSK Lines (MOL) reported a half-year net profit…