MOL set on container business return to profit （2015-04-02）
As the container business has been dragging down Mitsui OSK Lines' (MOL's) profits in recent years, its president, Koichi Muto, has expressed a determination to restore profitability to the sector in the coming financial year (FY). Speaking on the 131st anniversary of the establishment of Japan’s bi... |
Japan calls for box ship safety overhaul （2015-03-04）
Japan's Ministry of Land, Infrastructure and Transport is looking to tighten class safety rules for big container ships. In its final report on the break-up and sinking of the 8,110 teu MOL Comfort, the ministry called for hull girder strength requirements to reflect the effect of lateral loads that... |