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All MOL articles
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ArticleFatal ship fire leaves Nissan vehicles stranded
Around 3,500 Nissan vehicles are reported to be adrift in the Pacific Ocean between Japan and Hawaii following a fire aboard the Sincerity Ace car carrier operated by Mitsui OSK Lines (MOL). Picture courtesy of US Coast GuardThe cause of the fire, which broke out on Monday December 31, is ...
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ArticleManta reports huge increase in vehicle traffic
The port of Manta, in northern Ecuador, has reported a doubling in the volume of finished vehicles it handled over the first seven months of this year to 42,056 units, compared to 20,691 units in the same period last year.Roberto Salazar, president of Manta Port Terminals (TPM) – the private ...
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ArticleMOL raises stakes in Malaysia
Japanese transport giant, Mitsui O.S.K. Lines (MOL), has increased its share in PKT Logistics to 35% to strengthen its standing in Malaysia and wider south east Asia. PKT provides freight forwarding, customs brokerage, contract logistics, haulage, and distribution services to the automotive and electronics sectors in Malaysia and adjacent regions.MOL, ...
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ArticlePort Canaveral on a roll
Port Canaveral is now able to handle more finished vehicles thanks to a draft deepening project that allows post-Panamax ro-ro vessels to berth at the port. Late last month, the Floridian port accommodated vessels from Höegh Autoliners and NYK Line simultaneously, a first for the facility, which only started handling ...
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ArticleTrusting the market will stay afloat
European vehicle-handling ports saw growth in vehicle vehicle volumes in 2017, however geo-political worries – not least Brexit – is causing concerns. Ports continue to invest but there are worries over future volumes and capacity levels.
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ArticleEC fines shippers and parts suppliers for price-fixing
The European Commission has issued fines for price-fixing totalling €546m ($668.7m) to a group of four shipping companies handling finished vehicles and, in three further cases, three tier suppliers of spark plugs and braking systems.Four of the major providers of ocean services to the automotive and commercial machinery sectors were ...
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ArticleBMW Spartanburg remains top US car exporter
BMW’s Spartanburg vehicle assembly plant in South Carolina remained the largest US automotive exporter by value last year, even though production there decreased.The factory turned out more than 371,280 cars during the year, 9.7% fewer than in 2016 because the X5/X6 assembly hall was shut down for four weeks during ...
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ArticleFCA seeks reparations from global ro-ro carriers for Shipping Act violations
Fiat Chrysler Automobiles (FCA) has sent a complaint to the Federal Maritime Commission (FMC) seeking damages from six shipping companies it says acted to suppress competition for ro-ro services it purchased along with other carmakers.The move follows action taken by the US Department of Justice (DoJ) after an investigation into ...