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Sunflower Kurenai: MOL Names Japan’s 1st LNG-fueled Ferry
Japanese shipping company Mitsui O.S.K. Lines (MOL) on Thursday held a naming and launching ceremony for the first of Japan’s first two LNG-fueled ferries.The ceremony was held at the Mitsubishi Heavy Industries' Shimonoseki Shipyard & Machinery Works Enoura Plant, and the newbuilding ferry was named “Sunflower Kurenai” by the mayor of Beppu City Yasuhiro Nagano. The vessel is expected to enter service on the Osaka-Beppu route, operated by Ferry Sunflower Co., Ltd.
Burnt Car Carrier Felicity Ace Sinks
The fire-ravaged car carrier Felicity Ace has sunk off the Portuguese Azores archipelago nearly two weeks after it caught fire, the vessel's manager said on Tuesday."Initial reports from the local salvage team state that the vessel had sunk at around 9 a.m. local time having suffered a list to starboard," said MOL Ship Management (Singapore), a subsidiary of Japanese shipping company Mitsui O.S.K. Lines (MOL).
Salvage Team Boards Burnt Ship with Luxury Cars Off Azores, Towing Starts
More than a week after a ship packed with luxury cars caught fire in the middle of the Atlantic Ocean, a salvage team managed to board the vessel on Friday and started to tow it to a safe location off the Portuguese Azores archipelago.In a statement, ship manager Mitsui O.S.K. Lines Ltd (MOL) said the Felicity Ace remained stable, and the smoke that for days billowed from the vessel, adrift around 170 km southwest of the Azores…
Tug Boats Spray Water on Blazing Ship Carrying Luxury Cars near Azores
Heavy tug boats on Tuesday sprayed water on a burning ship carrying thousands of Porsches and Bentleys adrift off the coast of Portugal's Azores islands, the ship's manager said in a statement.The Felicity Ace, carrying around 4,000 vehicles including Porsches, Audis, and Bentleys, some with lithium-ion batteries, caught fire on Wednesday last week.The 22 crew members on board were evacuated the same day. Ship manager Mitsui O.S.K.
MOL, Toyo Eye Offshore Wind Vessel Collab
Japan-based shipping in giant Mitsui O.S.K. Lines, Ltd. (MOL) and its compatriot Toyo Construction have signed a Memorandum of Understanding (MoU) on evaluating potential collaboration in the offshore wind space.The companies aim to open up new business opportunities for work vessels that will be required for offshore wind power projects, based on the demand for vessels related to offshore wind power business in…
Fire-stricken Car Carrier Abandoned and Adrift in the North Atlantic
A Panamanian-flagged car carrier is crewless and adrift in the North Atlantic Ocean after a fire broke out in a cargo hold on Wednesday.The Portuguese Navy said it coordinated the rescue of 22 crew members from the Felicity Ace about 90 nautical miles southwest of the island of Faial, in the Azores. The Portuguese Navy's ocean patrol vessel NRP Setúbal and four nearby merchant ships participated in the rescue.The mariners were transported by a Portuguese Air Force aircraft to Horta airport…
MOL Bunkering Vessel Operated Using Biodiesel Fuel
Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) announced that the bunkering vessel Techno Star, owned and operated by its group company MOL Techno-Trade, Ltd. (MOL Tech), has been operating using cleaner burning biodiesel fuel (BDF) supplied by Aburatou Shoji K.K.The MOL Group, which announced in June 2021 that it aims to achieve net zero GHG emissions by 2050, said it is exploring biomass…
MOL Nets Charter in Russia for New Ice-breaking Condensate Carrier
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has signed a charter contract for a newbuilding ice-breaking tanker that will transport condensate from the Arctic LNG 2 Project on Russia’s Gydan Peninsula.The contract was signed by a MOL subsidiary with the project company, whose largest shareholder is Russia-based PAO NOVATEK. The vessel, slated for delivery in 2024, will be constructed in China by Guangzhou Shipyard International Company…
Petronas, MOL Sign Liquefied CO2 Shipping MoU
Malaysia's state energy firm Petronas said on Wednesday it has signed an agreement with Japanese shipping company Mitsui O.S.K Lines (MOL) to explore opportunities in liquefied carbon dioxide (CO2) shipping in Asia Pacific and Oceania regions.Both parties will jointly study liquefied CO2 transportation for the carbon capture, utilization, and storage (CCUS) value chain, Petronas said in a statement.Liquefied CO2 transportation helps connect CCUS sites safely and efficiently over long distances w
Ship Design: Ammonia FSRU Concept Studied by Mitsubishi Shipbuilding, Mitsui O.S.K. Lines
Mitsubishi Shipbuilding Co., in a joint effort with Mitsui O.S.K. Lines, Ltd. (MOL), completed a conceptual study on a floating storage and regasification unit (FSRU) for ammonia, a study is aimed at promoting the use of ammonia as an energy source and the introduction of the ammonia FSRU globally.The Ammonia FSRU is a floating facility for receiving and storing ammonia which is transported in a liquid state from its production area…
First Ship-to-Containership LNG Bunkering Ops in Port of Marseille Fos’
TotalEnergies and CMA CGM launched Marseilles’ inaugural ship-to-containership Liquefied Natural Gas (LNG) bunkering operation in the Port of Marseille Fos, Southern France.CMA CGM BALI, a 15,000 TEU LNG-powered containership is deployed on the MEX 1service, connecting Asia and South Europe. The ship was refuelled by TotalEnergies’ Gas Vitality, the first LNG bunker vessel based in France, with around 6,000 cu.
ABS Grants AIP for Ammonia Bunkering Vessel Design
Japanese shipping company Mitsui O.S.K. Lines, Ltd. on Tuesday announced that the company, along with ITOCHU Corporation has obtained approval in principle (AIP) from the American Bureau of Shipping (ABS) for an ammonia bunkering vessel concept.The project is part of a joint development study on ammonia fuel supply chain in Singapore. MOL, which already has experience and knowledge of liquefied natural gas (LNG) bunkering vessels…
MOL's Propeller Boss Cap Fins earns Guinness World Record Title
Mitsui O.S.K. Lines, Ltd. announced that its Propeller Boss Cap Fins (PBCF), sold by its group company MOL Techno-Trade, Ltd. was certified as the “Best-selling Energy-Saving Ship Appendage Brand (Cumulative)”, by Guinness World Records, and received the official certificate on December 23, 2021.This award is based on the cumulative 3,748 PBCFs sold (the sales record with 3,516 vessels including twin-screw vessels equipped with PBCF) as of the end of December 2020.PBCF was co-developed by MOL…
Shipping Firm MOL Teams Up with Flotation Energy to Build Floating Wind Farms in Japan
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has partnered up with Scotland-based floating wind specialist Flotation Energy to jointly evaluate offshore wind development opportunities in Japan. The agreement builds on the 2GW portfolio of offshore floating wind projects in Japan being developed by Flotation Energy (Japan) Co. Ltd., starting from Niigata and followed by other areas, the companies…
DSME Orders GTT Tanks for MOL LNG Carrier Quartet
French engineering firm GTT has won an order from the Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) for the tank design of four new LNG carriers.The LNG carriers will be built for the Japanese ship-owner Mitsui O.S.K. Lines (MOL). GTT will design the tanks of these four LNG carriers for navigation in cold temperatures, with a total LNG tank capacity of 174,000 m3 per ship. Each tank…
Top 10 Ship Owning Nations
VesselsValue's head cargo analyst, Olivia Watkins, has compiled a list of the world's top ship owning nations ranked by total fleet value.ChinaChina has moved up from second in January to firs place this time, owning a total of $191 billion in assets.China owns the largest number of containerships and, consequently, the recent surge in rates and values has moved them up the ranks to top spot in terms of fleet value.
Asia's First Newbuild SOV Launched in Vietnam
Asia's first newbuild service operation vessel (SOV) has been launched in Vietnam.The hybrid-electric TSS Pioneer is being built by Vard Vung Tau for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O.S.K. Lines Ltd. (MOL) and Ta Tong Marine Co., Ltd. (TTM). It is scheduled to be delivered in early 2022.The 6,000 GT vessel will be time-chartered to Orsted Taiwan Limited, a wholly owned subsidiary of Denmark-based Ørsted…
Mitsubishi, MOL Complete Liquefied CO2 Carrier Study
Japan's Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has completed a concept study with Mitsui O.S.K. Lines (MOL) regarding liquefied CO2 (LCO2) carriers. The project will combine Mitsubishi Shipbuilding's gas handling technologies developed through the construction of liquified gas carriers (LPG and LNG carriers), with Mitsui O.S.K. Lines' experience in operations for a wide range of vessels…
MOL Bulk Carrier to Trial Rotor Sails
Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) said it has entered into an agreement with mining company Vale International SA to install and trial rotor sail wind propulsion units on one of its a 200,000-ton class in-service bulk carriers in an effort to study levels of greenhouse gas (GHG) emissions reduction while underway.The rotor sail produces propulsive force as the wind generates differential pressure around the slewing rotor while the vessel is underway.
Hyundai Mipo Delivers Dual-Fuel Methanol Carrier 'Capilano Sun'
South Korea's Hyundai Mipo Dockyard has delivered the dual-fuel methanol carrier Capilano Sun, Japanese Mitsui O.S.K. Lines, (MOL) has informed.MOL said that the vessel, which can run on either heavy oil or methanol fuel, would be chartered from Hisafuku Kisen K.K., and then, Canada-based Waterfront Shipping Company (WFS) will charter the vessel from MOL under a long-term contract.Including Capilano Sun, MOL operates 18 methanol carriers.
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
MOL Invests in Fleet of the Future
Japan Seminar and Reception at the SMM Show
