Thursday, September 24th, 2020
Home » Tag Archives: Fleet cuts MOL

Tag Archives: Fleet cuts MOL

MOL to cut 40 vessels from its fleet due to virus as a “Defensive Measure”

Close up on side of container ship. Tug boat. MOL logo

PortandTerminal.com, June 23, 2020 MOL, Japan’s largest shipping company, will reduce its fleet by up to 40 vessels, equivalent to five percent, due to the coronavirus crisis | Don’t expect to see a recovery for the container sector until 2022. MINATO CITY, JAPAN – Mitsui OSK Lines (MOL), Japan’s largest shipowner by fleet size, has issued a new business plan …

Read More »