MOL has announced company’s highlights for 2014 regarding business expansion in LNG, new initiatives on environmetal protection and sustainability as follows:
- Reached deal on joint ownership of a new LNG carrier for Chubu Electric Power Company(May)
- Signed deal to charter two LNG carriers for Mitsui Corporation that will serve the Cameron Project in the U.S. (September)
- Signed basic agreement for charter contracts, reached a deal to build three new LNG carriers for Tokyo Gas. (February, November, December)
- Signed strategic association with Reliance for transportation of Liquefied Ethane from United States to India. This will make MOL to be the first shipping company who is dedicated for a continuous Liquefied Ethane transportation by Very Large Ethane Carriers (VLEC). (December)
- Received “Award of Excellence” from Philippine Overseas Employment Administration. (February)
- Four MOL-operated/managed vessels selected as “2013 Best Quality Ships” by the Japan Federation of Pilots’ Associations. (April)
- MOL-operated Soma Maru named “Bulk Ship of the Year” at the IBJ Awards 2014. (November)
- Took delivery of a vessel equipped with a waste heat energy recovery system, which is a core element technology of ISHIN-III. (July)
- Pledged emergency support to combat spread of Ebola. (September)
- In response to the Japan Fair Trade Commission’s announcement regarding certain car carrier shipping trades, MOL developed measures to enhance compliance structure(March).
Source: MOL
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