Junichiro Ikeda President,
Chief Executive Officer
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If you would like to receive our press releases please subscribe hereAbout 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 2019
MOL Sign a MOU with Makarov University on cooperation in Northern Sea Route operations and cadetship programme
On 5th June, 2019, Mitsui O.S.K. Lines, Ltd. (MOL: President & CEO: Junichiro Ikeda) signed a Memorandum of Understanding (“MOU”) with the Admiral Makarov State University of Maritime and Inland Shipping (“Makarov University”) during a meeting held in...
MOL Techno-Trade Ceremony Marks Participation in Green Award Foundation-backed Marine Environmental Protection Program -Offering Advantages in Certification for Owners of PBCF-equipped Vessels
TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda; Headquarters: Minato-ku, Tokyo) announced that on May 20, its group company MOL Techno-Trade, Ltd. (MOL Techno; President: Hirokazu Hatta; Headquarters: Chuo-ku, Tokyo) held a ceremony to...
MOL to Join Consortium on TCFD (Task Force on Climate-related Financial Disclosures)
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that it will participate in the Task Force on Climate-related Financial Disclosures (TCFD) Consortium (Note 1), which was established to provide a forum for discussions among...
MOL Announces Release of FOCUS Project Part I ‘Fleet Viewer’ Application Aimed at Enhancing Ship Management -Stress-free Operation with Big Data Analysis-
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that MOL, Mitsui E&S Shipbuilding Co., Ltd. (President: Tetsuro Koga; Headquarters: Chuo-ku, Tokyo), and Weathernews Inc. (President: Chihito Kusabiraki; Headquarters:...
‘Ballast Catch’ Viable Organism Sampler Ready for Sales Release Labor-saving System for Concentrating Samples Onboard
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that the “Ballast Catch (Note 1)” = Viable Organism Sampler will begin marketing on May 15. The device, jointly developed by MOL Group company MOL Engineering Co., Ltd....
Notice on Recording Extraordinary Loss (Non-consolidated)
TOKYO—Mitsui O.S.K. Lines, Ltd. (the “Company”) hereby announces that it recorded an extraordinary loss on its Non-consolidated Financial Statements for fiscal year (FY) 2018 (April 1, 2018 – March 31, 2019) as below. 1. Recording of extraordinary loss (early...
Notice on Differences between Consolidated Business Outlook and Financial Results for FY2018 and Year-end Dividend from Retained Earnings
TOKYO—Mitsui O.S.K. Lines, Ltd. (the “Company”) hereby announces differences between the consolidated business outlook for fiscal year (FY) 2018 (April 1, 2018 – March 31, 2019) announced on January 31, 2019 and the financial results announced today. In addition, the...
Newbuilding LNG Carriers for Tokyo Gas Named Energy Innovator and Energy Universe-Transporting U.S. Shale Gas
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that a naming ceremony for two newbuilding LNG carriers was held at the Tsu Shipyard of Japan Marine United Corporation (JMU; headquarters: Yokohama, Kanagawa Prefecture; President:...
MOL co-own world 6 largest Liquified Ethan Carrier with Reliance -As Japanese ship owner, it is first ever to own VLEC
Mitsui O.S.K. Lines Ltd, (“MOL”), (President: Junichiro Ikeda) with Head office located at Minato-ku, Tokyo, Japan and Reliance Ethane Holding Pte. Ltd. (“REHPL”) a 100% subsidiary of Reliance Industries Ltd(“RIL”) (*1) and based in Singapore agreed to co-owning of...
Delivery of Very Large Crude Carrier “PHOENIX JAMNAGAR”
TOKYO-Mitsui O.S.K. Lines, Ltd. (hereinafter “MOL”: President & CEO: Junichiro Ikeda) today announced, the delivery of a Very Large Crude Carrier (hereinafter “VLCC”), “Phoenix Jamnagar” (hereinafter “the vessel”) on April 24, which was built at Japan Marine...
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...