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Japan’s Mitsui & Co, Mitsubishi Corp and Itochu Corp on Thursday each lifted their annual profit estimates to above 800 billion yen ($7 billion), thanks to higher commodity and energy prices. The three trading houses, in addition to Marubeni Corp, raised net profit forecasts for the financial year ending on March 31 to record levels, . ....
Japan s MOL, Itochu Take Delivery of LNGC Jan 26, 2021 1:40:pm Summary by: Shardul Sharma Posted in: Japan s MOL, Itochu Take Delivery of LNGC Japanese shipping company Mitsui OSK Lines (MOL) and Itochu Corp on January 25 took delivery of the LNG carrier LNG Rosenrot, at the Okpo shipyard in South Korea from Daewoo Shipbuilding & Marine Engineering, MOL said on January 26. The ship has entered into a transportation service contract with Uniper Global Commodities, a unit of Germany’s Uniper. The LNG Rosenrot is a sister vessel of LNG Schneeweisschen that was delivered in July 2018 and is serving under transportation service for Uniper. ....