
MOL-Managed LNG Saturn Crew Receives IMO Commendation for Malacca Strait Rescue
The crew of MOL-managed LNG Saturn received an IMO Letter of Commendation after rescuing six people from KM Limadai 8 in the Strait of Malacca.

The crew of MOL-managed LNG Saturn received an IMO Letter of Commendation after rescuing six people from KM Limadai 8 in the Strait of Malacca.

MOL secured ClassNK AiP for a 40,000 m3 liquefied CO2 carrier design fitted with three Wind Challenger units, developed with Samsung Heavy Industries Co., Ltd. for cross-border CO2 transport.

MOL and ONGC formed two joint ventures in Gujarat IFSC and signed 15-year charters for two 100,000 m3 VLEC newbuildings, scheduled for delivery from late 2028 or later for U.S.–India ethane transport.

MOL has signed project finance for a newbuild FSRU to be operated by SLNG as Singapore’s Second LNG Terminal, backed by a syndicate including JBIC, MUFG, DBS, OCBC and SCB.

Japan’s major carriers—NYK, MOL, and “K” Line—are set to invest in MILES to standardize LCO2 carrier and new fuel ship designs. This unprecedented collaboration between shippers and yards aims to boost productivity and global competitiveness.

Mitsui O.S.K. Lines achieved a 98% reduction in methane slip from LNG-fueled vessels during onboard trials, marking a key milestone toward low-emission shipping and commercial deployment by FY2027.
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