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Category: MOL

  • Wärtsilä lines up decade-long deal for 12 LNG vessels with MOL

    Wärtsilä lines up decade-long deal for 12 LNG vessels with MOL Wärtsilä has landed a multi-year lifecycle agreement for 12 liquefied natural gas (LNG) carriers (LNGC) with MOL Global Ship Management, a Singapore-based ship management company fully owned by Mitsui O.S.K. Lines (MOL). The post Wärtsilä lines up decade-long deal for 12 LNG vessels with MOL appeared first…

  • ClassNK grants AiP to two MOL cable vessel designs

    ClassNK grants AiP to two MOL cable vessel designs ClassNK has issued an Approval in Principle (AiP) for the designs of a cable jointing vessel and a cable burial vessel developed by Mitsui O.S.K. Lines Ltd (MOL). The certification demonstrates the designs’ feasibility from regulatory and safety perspectives. In Japan, the expansion of wind power…

  • MOL puts financing in place for Singapore’s second LNG terminal

    MOL puts financing in place for Singapore’s second LNG terminal Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has struck a finance deal for a floating storage and regasification unit (FSRU), which will be deployed in Singapore, Asia. The post MOL puts financing in place for Singapore’s second LNG terminal appeared first on Offshore Energy. Melisa Cavcic…

  • MoU advances standard designs for LCO₂ and alternative-fuel ships

    MoU advances standard designs for LCO₂ and alternative-fuel ships Japan’s Mitsubishi Shipbuilding Co. Ltd., Imabari Shipbuilding Co., Ltd., “K” LINE, MOL, NYK Line, JMU, and NSY have signed a Memorandum of Understanding (MoU). The MoU establishes a standard design framework to efficiently develop and carry out the initial design of liquefied CO2 (LCO2) carriers and…

  • Shipping heavyweights join bid to standardise emissions tracking

    Shipping heavyweights join bid to standardise emissions tracking Carbon Measures, a new global coalition representing major businesses from diverse industries and geographies, including famous names from shipping, ports and large charterers, has launched this week seeking to establish what they claim is a more accurate carbon accounting framework as well as to drive market-based solutions…

  • MOL’s 98% methane slip cut hands LNG a lifeline ahead of key IMO showdown

    MOL’s 98% methane slip cut hands LNG a lifeline ahead of key IMO showdown Japan’s Mitsui OSK Lines (MOL) has achieved a 98% reduction in methane slip during sea trials — a leap that could reshape the emissions profile of LNG-fuelled tonnage ahead of next week’s Marine Environment Protection Committee meeting at the International Maritime…

  • Japanese trio reaches 98% methane slip cut on LNG-fueled vessels

    Japanese trio reaches 98% methane slip cut on LNG-fueled vessels Japanese shipping giant Mitsui O.S.K. Lines (MOL), and compatriot Kanadevia Corporation and Yanmar Power […] The post Japanese trio reaches 98% methane slip cut on LNG-fueled vessels appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Total lack of safety culture laid bare in Wakashio disaster

    Total lack of safety culture laid bare in Wakashio disaster Mauritius has finally published the long-suppressed Court of Investigation report into the 2020 grounding of the Wakashio. The findings are damning — exposing what investigators call a “total lack of safety culture on board the Wakashio,” a disaster born from distraction, negligence, and systemic oversight…

  • MOL, Karpowership’s Kinetics join forces on ‘world’s first’ integrated floating data center platform

    MOL, Karpowership’s Kinetics join forces on ‘world’s first’ integrated floating data center platform Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MOU) with Kinetics, the energy transition initiative of Turkish floating power company Karpowership, to jointly develop a next-generation floating data center platform. The post MOL, Karpowership’s Kinetics join forces…

  • Titan delivers bio-LNG to MOL’s vehicle carrier under new deal

    Titan delivers bio-LNG to MOL’s vehicle carrier under new deal Dutch marine fuels supplier Titan and Japanese shipping company Mitsui O.S.K. Lines (MOL) have completed the first bio-LNG and LNG bunkering operation under a new multi-delivery contract for MOL’s vehicle carrier fleet. The post Titan delivers bio-LNG to MOL’s vehicle carrier under new deal appeared first…

  • MOL to acquire Dutch tank terminal operator in $1.7B deal

    MOL to acquire Dutch tank terminal operator in $1.7B deal Japan’s shipping heavyweight Mitsui O.S.K. Lines (MOL) is set to purchase LBC Tank Terminals, […] The post MOL to acquire Dutch tank terminal operator in $1.7B deal appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • MOL invests in US developer of e-fuels

    MOL invests in US developer of e-fuels Japanese shipping major Mitsui O.S.K. Lines (MOL) has invested in California-based Twelve Benefit Corporation, a company developing synthetic fuels (e-fuels) and chemicals, contributing to the global expansion of clean fuels. The post MOL invests in US developer of e-fuels appeared first on Offshore Energy. Naida Hakirevic Prevljak Go…

  • MOL names latest addition to QatarEnergy’s growing LNG fleet

    MOL names latest addition to QatarEnergy’s growing LNG fleet Japan’s shipping giant Mitsui O.S.K Lines (MOL) has hosted a naming ceremony for a liquefied natural gas (LNG) carrier it is building for QatarEnergy’s historic LNG shipbuilding program. The post MOL names latest addition to QatarEnergy’s growing LNG fleet appeared first on Offshore Energy. Dragana Nikše…