MOL News Highlights for 2016 – ‘One Target, One MOL’
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced the company's top news stories for 2016 as follows:
1. 'Strengthening Management Foundation': Innovation...
Mining Giant Mytilineos Links with Greek Dry Bulk Start-up
Mytilineos Group, one of Greece’s biggest metal and mining groups, is teaming up with a new Athens-based dry bulk company, which has already notched...
Koch to Take Cosco VLCC for One Year
Cosco is sealing a 12-month charter with trader Koch for one of its VLCCs.
The 308,000-dwt Yuan Hua Hu (built 2015) has been fixed at...
The Hanjin Collapse and the Consequences for Marine Insurers
Hanjin Shipping’s fall into rehabilitation at the beginning of September 2016 has sent tremors through the cargo insurance market because of the serious delays...
Tsakos and Hyundai Team up in Joint Venture
The Tsakos Group and Hyundai are establishing a new shipmanagement company, documents filed with Greek authorities show.
Tsakos Hyundai Shipmanagement, a Marshall Islands-based entity, obtained...
[Watch] Mid Ocean Diesel Refuelling Support by a Bulker
A French around-the-world sailor has been handed a vital lifeline of fuel from a passing tanker after losing his mast off the Australian coast.
Disclaimer:...
150 Vessels Demolished in 2016
More than 150 Panamax and Smaller Container Ships Were Sent For Demolition During 2016
Container ships and dry bulk carriers have been sold for scrap...
Ports of Auckland Launches Mission to Ensure Zero Emissions Goal
On Friday, the Ports of Auckland had announced that it has commissioned a feasibility study to investigate possible alternatives for powering cruise ships while...
IMO Centers to Mitigate Harmful Effects of Climate Change
International Maritime Organization has announced the first two institutes selected to host regional Maritime Technology Cooperation Centres (MTCCs) under an ambitious project, funded by...
The Right Lubricant for the Right Use
Slow steaming has become a standard way for ship operators to save money on fuel, but it comes with a well-known risk: pitting damage...
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