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Tag Archives: 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 …

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WATCH: FlyingView®” 360° bird’s-eye view monitoring system for tugs

PortandTerminal.com, October 12, 2019 TOKYO, JAPAN – Mitsui O.S.K. Lines, Ltd. (MOL) announced that it has teamed up with Oki Electric Industry Co., Ltd. (OKI), to start test out OKI’s new “FlyingView®” bird’s-eye view monitoring system. The Problem As the tugboat approaches a large box-ship it only a small part of the vessel’s hull can be seen from the tugboat’s …

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