TOKYO—Mitsui O.S.K. Lines, Ltd. announced today their plan to scrap five double-hull tankers (four VLCCs, one Suezmax) by the end of March. Scrapping of two vessels is already completed, and preparations are under way to start dismantling the other three.
All five tankers were crude carriers launched before 1998. MOL, as one of the world’s leading crude oil transport operators, is moving ahead to rejuvenate its fleet, upgrade the quality of its services, and solidify its position in the market, where it expects mid- and long-term growth.
The vessels will be scrapped at yards that conform to ISO 14001 (or equivalent environmental management standards) and MOL will carefully evaluate their scrapping methods based on its own guidelines for environmental protection and occupational safety.
Join the 64,564 members that receive our newsletter.
Have a news tip? Let us know.
by David Shepardson (Reuters) – The U.S. Senate Commerce Committee will consider President-elect Joe Biden’s nomination of Rhode Island Governor Gina Raimondo to head the Commerce Department in a hearing...
By Ellen Francis (Reuters) – Interpol has issued red notices for the captain and owner of the ship that carried the chemicals which devastated Beirut in an explosion in August, killing 200...
By Chen Aizhu (Reuters) – China has issued 5 million tonnes of clean marine fuel export quotas in the first release for 2021, to five companies including a private refiner,...
