Mitsui O.S.K. to pioneer Arctic route for LNG

Jul 9, 2014

Mitsui O.S.K. to pioneer Arctic route for LNG

Officials from shipping giant Mitsui O.S.K. Lines Ltd. announced Wednesday their company will begin transporting liquefied natural gas through the Arctic Ocean in 2018 — making it the first company in the world to tap the sea as a regular transit route. Using icebreakers ...

Mitsui O.S.K. paid ¥4 billion over ship seizure in China

Apr 24, 2014

Mitsui O.S.K. paid ¥4 billion over ship seizure in China

Mitsui O.S.K. Lines Ltd. has paid around ¥4 billion in connection with the recent seizure of its iron ore carrier by a Shanghai court due to a legal dispute, people familiar with the matter said Thursday. On Saturday, the Shanghai Maritime Court seized the ...

Jan 9, 2014

FTC accuses five auto-carrying shipping firms of price-fixing

The Fair Trade Commission plans to fine five shipping firms a total of some ¥22 billion for fixing fares on shipments of vehicles for export, sources said Thursday. The antitrust regulator has already started notifying the carriers, including industry leaders Mitsui O.S.K. Lines Ltd., ...