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Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that two vessels managed by its group company MOL LNG Transport Co., Ltd. (President: Toshihiko Ota; Headquarters: Minato-ku, Tokyo) and MOL Tankship Management Pte. Ltd. (President: Yoshiro Maruta; Headquarters: Singapore), received the Director-General Award from the Japan Meteorological Agency (JMA) for the vessels’ …

MOL Group-managed Vessels Recognized for Excellence in Weather Observation and Reporting for 9th Consecutive Year- Esshu Maru and Suzukasan Receive 2024 Director-General Award from Japan Meteorological Agency Read More »

To the Members At the Board meeting, held in Geneva on 21 May 2024, the following developments were reported in respect of the Steamship Mutual group of companies. 2023/24 Financial Year Highlights: · A financial year surplus of US$110 million, after adjustment for capital returns, resulted in Free Reserves increasing to US$540 million, up from …

Steamship Mutual: 2023/24 Financial Year Highlights Read More »

Further to the announcement of 14 March 2024 regarding the decision to decrease the share capital with nominally DKK 1,740,773,000 by cancellation of treasury shares it is hereby confirmed that the capital decrease has been registered with the Danish Business Authority today. The capital decrease is divided into 350,555 A shares of nominally DKK 1,000 …

A.P. Møller – Mærsk A/S – Registration of capital decrease in connection with cancellation of treasury shares completed Read More »

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that MOL and Electric Power Development Co., Ltd. (J-Power; President and CEO: Hitoshi Kanno; Head Office: Chuo-ku, Tokyo) have agreed to install the Wind Challenger hard sail wind power propulsion system (Note 1), which converts wind energy to propulsive force, on the coal …

Wind Challenger to be Installed on Coal Carrier for J-Power – World’s 1st Retrofit on an In-service Vessel – Read More »

International Chamber of Shipping (ICS) Publications has announced the launch of the sixth edition of ‘Guidelines on the Application of the IMO International Safety Management (ISM) Code’. This latest edition offers new and updated guidance to help shipping companies fulfil their safety and environmental obligations, and to comply with the International Maritime Organization (IMO) International …

ICS Publications releases sixth edition of ‘Guidelines on the Application of the IMO International Safety Management (ISM) Code’ Read More »

SunRui Marine Environment Engineering Co., Ltd will provide an LNG fuel gas supply system (GasLink® FGSS) for six new Pure Car Truck Carrier (PCTC) vessels being built for Dubai-based Sallaum Lines DMCC, which aims to minimise carbon footprint by 40% before 2030 and assist in reaching a target of zero emissions prior to 2050. These …

Decarbonization Countermeasures Between Sallaumlines&SunRui Read More »

Two companies said on Wednesday they are seeking offshore seabed acreage on the Norwegian continental shelf where they hope to explore for minerals, in what could be the start of a controversial new mining industry. The process puts Norway on track to become the first country to start commercial production from its continental shelf of …

At least two companies seek Norway seabed mining permits Read More »