Junichiro Ikeda President,
Chief Executive Officer
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About Mitsui OSK Lines (MOL)
Mitsui O.S.K. Lines, Ltd. (MOL), as a multi-modal transport group, meets the needs of the era in a wide variety of fields including dry bulkers such as iron ore carriers, coal carriers, and woodchip carriers, tankers that carry crude oil, LNG carriers that transport liquefied natural gas, car carriers, and containerships that carry a broad range of products.
Our activities are truly borderless, based on the operation of one of the world’s largest merchant fleets, backed by expertise and technology developed throughout our over 130-year history. We support the growth of the world economy with the entire globe as our stage, while continually evolving into an excellent and resilient corporate group.
NEWS RELEASES 2020
MOL to Build 4 Additional LNG-fueled Car Carriers
Progressing towards ‘90 LNG-fueled Vessels by 2030’ TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that it reached an agreement with Nihon Shipyard Co., Ltd. (President: Yoshinori Maeta; Headquarters: Chiyoda-ku, Tokyo)...
MOL Introduces ‘MOL Service Website’
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced the launch of the “MOL Service Website” as an exclusive website focusing on business activities aimed at the customers who rely on MOL service. In the first phase, MOL opened...
Capesize Bulker “Wakashio” Aground off Mauritius
Mitsui O.S.K. Lines, Ltd. (MOL; President: Junichiro Ikeda) as the Charterer of Capesize Bulker “Wakashio”, are doing everything possible to support the efforts of Owner and Manager, Nagashiki Shipping Co. Ltd. (Nagashiki) and their appointed teams in mitigating the...
MOL Car Carrier Saves Crewmembers from Wrecked Fishing Boat
15 Survivors Rescued in North Pacific Ocean Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that on August 1, the MOL-operated car carrier Beluga Ace rescued 15 crewmembers from a fishing boat that wrecked in the North Pacific Ocean....
LNG Carrier Named LNG PHECDA for Yamal LNG Project
The third LNG carrier out of four built in China for the project Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that on 19 August, a naming ceremony for a LNG carrier, jointly ordered by MOL and China COSCO Shipping Corporation...
Capesize Bulker “Wakashio” Aground off Mauritius (Update )
Mitsui O.S.K. Lines, Ltd. (MOL; President: Junichiro Ikeda) received following information from Nagashiki Shipping Co. Ltd.(Nagashiki) who is the owners and managers of bulk carrier Wakashio and Time Chartered to MOL. Situation of leaked Fuel Oil (As of August...
Capesize Bulker “Wakashio” Aground off Mauritius
Mitsui O.S.K. Lines, Ltd. (MOL; President: Junichiro Ikeda) received following information from Nagashiki Shipping Co. Ltd.(Nagashiki) who is the owners and managers of bulk carrier Wakashio and Time Chartered to MOL. Situation of leaked Fuel Oil As of July 25...
MOL Introduces FOCUS Project Part III: Virtual Ship Visit Application ‘Fleet Tour’
~ Reinforcing Use/Application of ICT under COVID-19 Pandemic ~ Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced the release of the “Fleet Tour” virtual ship visit application using the Ricoh Theta, a 360-degree camera and the Theta...
MOL: Differences between Consolidated Business Outlook and Financial Results for the 1st Quarter FY2020
Mitsui O.S.K. Lines, Ltd. (the “Company”) hereby announces differences between the consolidated business outlook for the 1st Quarter of fiscal year (FY) 2020 (April 1, 2020 – June 30, 2020) announced on April 30, 2020 and the financial results announced on July 31,...
MOL’s Response towards Coronavirus Disease (COVID-19) (6)
Mitsui O.S.K. Lines, Ltd.(MOL; President & CEO: Junichiro Ikeda) announced to lower the number of employees working from the office from 50% to 30%, effective from today as the Coronavirus continues to spread across the Nation. MOL will continue to give top...
news releases 2019
MOL News Highlights for 2019
~ Looking at MOL from Press Release Access Rankings ~ TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced access rankings for its news releases during 2019. MOL, in its management plan “Rolling Plan 2019”, has been razing its...
Wood Chip Carrier “SOUTHERN TREASURE” Delivered -Will Serve Hokuetsu Corporation-
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that on October 31, the wood chip carrier SOUTHERN TREASURE with a cargo capacity of 4.3 million cubic feet, was delivered at Oshima Shipbuilding Co., Ltd. (President: Eiichi Hiraga;...
MOL Introduces AR Navigation System at Maritime Conference in Dubai
Introducing ICT-based Ship Operation Tool, Targeting Sea Routes around the World Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that, along with Furuno Electric Co., Ltd. (President: Yukio Furuno; Headquarters: Nishinomiya-shi, Hyogo...
MOL Tabletop Drill Focuses on Containership Safety – Scenario Starts with Fire aboard Vessel in Ise Bay –
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that it conducted a tabletop drill based on an incident simulation involving a MOL-owned containership. MOL holds these drills periodically to confirm its emergency response system...
MOL and Tohoku Electric Power to Move ahead Full-scale Study on Installation of Wind Challenger
Staring World’s 1st Coal Carrier with a ‘Sail’ to Achieve Environmental and Economic Objectives Mitsui O.S.K., Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda, Head office: Minato-ku, Tokyo) and Tohoku Electric Power Co., Inc. (President: Hiroya Harada, Head...
MOL and OKI to Launch Joint Study of Bird’s-eye View Monitoring System on Tugboat ～ Aiming at Safer Operation with a 360° Field of View～
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that it has teamed up with Oki Electric Industry Co., Ltd. (OKI; President: Shinya Kamagami; Headquarters: Minato-ku, Tokyo), to start a joint study on the use of OKI’s new...
“Wind Challenger” Design Acquires Preliminary Approval ~ Realizing Japan’s 1st Large Cargo Ship with ‘Sail’, Aiming at Reduction of GHGs ~
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that MOL and Oshima Shipbuilding Co., Ltd. (President: Eichi Hiraga; Headquarters: Saikai-shi, Nagasaki Prefecture) have jointly obtained “Approval In Principle (AIP)” from Nippon...
MOL Group Successfully Develops Car Carrier Allocation/Loading Plan with Fundamental technologies of AI
— Significantly Improving Efficiency in Planning and Validation with ‘Mathematical Optimization’ — Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Juinichiro Ikeda) and its group company MOL Information Systems, Ltd. (President: Tsuyoshi Yoshida; Headquarters:...
11 MOL-operated/managed Vessels Earn Commendations from Japan Coast Guard Regional Headquarters
- Honored for Continuously Providing Information on Marine Conditions – Mitsui O.S.K. Lines, Ltd. (MOL, head office: Minato-ku, Tokyo; President & CEO: Junichiro Ikeda) today announced that eleven MOL-operated/managed vessels have received commendations from the...
MOL’s Newbuilt LNG Carrier “MARVEL HERON” to Serve Mitsui & Co. ～ Will Transport Shale Gas-derived LNG from Cameron Project in U.S. ～
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced the delivery of the LNG carrier MARVEL HERON. Before the delivery, on August 30, Mitsubishi Shipbuilding Co., Ltd. (MHIMSB; President: Koji Okura; Headquarters: Nishi-ku, Yokohama)...
News Releases 2018
MOL News Highlights for 2018
Looking at MOL from Press Release Access Rankings Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced access rankings for its news releases during 2018, divided into three themes. To offer “Stress-Free Services” In April, MOL...
Feasibility Study of Advanced Navigation Support System
MOL Conducts Assessment and Feasibility Study of Advanced Navigation Support System Utilizing Collision Avoidance Algorithm Initiative Leads to Automatic Prevention of Collisions; Marks Step toward Autonomous Sailing Mitsui O.S.K. Lines, Ltd. (MOL; President &...
MOL to constructed, ownership, operation of FSRU in Indonesia
Leveraging know-how in Asia’s 1st Gas-to-Power Project using FSRU TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today (7 December) announced that the company has signed deals for construction of a floating storage and regasification unit...
MOL to enhance initiatives on global warming
Supporting, and active participation in the task force on climate-related financial disclosures, Japan Climate Initiative, Ministry of Environment “COOL CHOICE” National Movement TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today...
MOL pledges assistance in transporting of mobile library vehicles to South Africa
Supporting Efforts to Bring School Libraries to More Students MOL; President & CEO: Junichiro Ikeda, today (22 Novemberber) announced that the company assisted the non-profit organization South Africa Primary Education Support Initiative (*) (SAPESI-Japan) with...
Company Expresses Thanks for Ongoing Support
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that on November 13, it held a party in Bangkok for customers, business partners, and others, marking the 50th anniversary for the establishment of Mitsui O.S.K. Lines...
Virtual Visits Now Available on Next-generation VLCC
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced the introduction of the Vessel View VR, a virtual reality system that allows for virtual visits on the VLCC Suzukasan (delivered on October 12, 2018). This is the second...
MOL Presents Long-Service Awards, Hosts Family Day for Filipino Seafarers – Appreciation for Contributions of Seafarers and Support by Their Families
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that its group seafarer manning company Magsaysay MOL Marine, Inc.(*) (MMM; Headquarters: Manila, the Philippines; President: Francisco D. Menor) held a long-service awards...
Mitsui O.S.K. Lines, Ltd. Announces Revision of Its Consolidated Business Outlook For the First Half of FY2018
Mitsui O.S.K. Lines, Ltd. (the Company; President & CEO: Junichiro Ikeda) today announced a revision of its consolidated business outlook for the first half of fiscal year 2018 (April 1, 2018 to September 30, 2018), announced on July 31, 2018, as follows. 1....
The challenge of autonomous ships in the Future — MOL conducts onboard test with Rolls Royce
～Joint Research of Intelligence Awareness System Using a Ferry Plying the Seto Inland Sea～ Mitsui O.S.K. Lines, today announced the company, along with U.K.-based Rolls-Royce Marine jointly conducted a demonstration test on a ferry equipped with the Intelligence...
News Releases 2017
MOL and Joint PBCF Developers Attend 2017 Nikkei Global Environmental Technology Award Ceremony
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that on November 20, MOL and the joint developers of the Propeller Boss Cap Fins (PBCF) attended the commendation ceremony for the 2017 Nikkei Global Environmental Technology...
MOL’s Newbuilding Coal Carrier NAGARA MARU to Serve JERA Trading
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced the delivery of the coal carrier NAGARA MARU, which will serve JERA Trading Pte. Ltd. (Managing Director: Ronan Lory; headquarters: Singapore), was delivered at Imari Shipyard...
MOL Presents Long-Service Awards, Hosts Family Day for Filipino Seafarers
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that its group seafarer manning company Magsaysay MOL Marine, Inc.(*) (MMM; Headquarters: Manila, the Philippines; President: Francisco D. Menor) held a long-service awards...
MOL Joins Research Project on Use of Vibrating Sensors to Detect Abnormalities in Rotary Machineries
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced plans to work with Asahi Kasei Engineering Corporation (AEC; President: Ryuji Kawano, Headquarters: Kawasaki-shi, Kanagawa Prefecture) on a project to verify predictive...
Using Artificial Intelligence to Estimate Vessel Speed and Fuel Consumption at Sea
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that it teamed up with Fujitsu Laboratories Ltd. (CEO: Shigeru Sasaki, Headquarters: Kawasaki-shi, Kanagawa Prefecture), and Tokyo University of Marine Science and Technology...
MOL Methanol Carrier Rescues Castaway
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that the MOL- operated methanol carrier, the SAN FERNANDO, safely rescued a crewman in the Caribbean Sea (about 140km southeast of the Cayman Islands) on October 30, 2017...
MOL Truth, Japan’s 1st 20,000 TEU Containership, Delivered
The MOL Truth is the first containership with a capacity of over 20,000 TEU built in Japan, and the fifth in a series of six 20,000 TEU containerships that are operated by MOL (*1). On October 25, it was named the MOL Truth. The new containership is 400m long, with a...
MOL and China COSCO Shipping Jointly Own 4 LNG Carriers for Russia Yamal LNG Project
This is the fourth joint LNG project involving MOL and China COSCO Shipping, following one for ExxonMobil (a total of four vessels were delivered from 2015 through 2017) (*2), another for SINOPEC (six vessels are to be delivered from 2015 through 2018) (*3), and the...
Financial Highlights: The Second Quarter
MOL Financial Highlights: The Second Quarter Ended September 30, 2017 http://www.mol.co.jp/en/ir/data/mrsf/pdf/con1710-e.pdf
MOL Develops Mariner Safety Education Tool Using VR Goggles
Using Leading-edge Technology to Eliminate Industrial Accidents TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that it has developed a mariner safety education tool goggle, which uses virtual reality (VR) technology...