Mitsui O.S.K. Lines, Ltd. (MOL) announced that its group company, MOL Drybulk Ltd. will start sea trials of the Panamax bulk carrier C.S. Olive, chartered from Chugoku Sougyo, using biofuel in late June 2022. C.S. Olive MOL signed a deal for biofuel supply with Chevron Singapore. About 500 tons of.
Mitsui O.S.K. Lines, Ltd. announced that its group company, MOL Drybulk Ltd. will start sea trials of Panamax bulk carrier “C.S. OLIVE”, chartered from Chugoku Sougyo CO., Ltd. (Chugoku Sougyo; President & CEO: Hiroshi Takata), using biofuel in late June 2022. MOL has signed a deal for biofuel supply with Chevron Singapore Pte. Ltd., and .
Mitsui O.S.K. Lines, Ltd. passed a resolution to have MOL Drybulk Ltd. (MOL Drybulk; President: Kazuhiko Kikuchi; Headquarters: Minato-ku, Tokyo) succeed its small- and medium- sized bulk carrier business, wood chip carrier business and Panamax business (excluding services for steel manufacturers and domestic electric power companies) (“Businesses”) through a company split (simplified absorption-type company split) .