MOL to cut 40 vessels from fleet to reduce costs
The major Japanese line will reduce market exposure by shrinking its overall fleet by up to 40 vessels and halving investment expenditure for the financial years 2020 to 2022. The car carrier division will also be reorganised to better cope with the big changes in the market
MOL will expand its liquefied natural gas business to include floating storage and regasification units, LNG-to-power ships as well greater involvement in LNG bunkering, while also develop new energy-related businesses such as wind power generation and strengthening strategies for liquefied chemical logistics
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Register for our free email digests: