Mitsui OSK Lines (MOL) appears to have sealed its plans to order 20,000 teu containerships, the largest yet to be built.
Commenting on the containership business in his New Year message MOL president Koichi Muto said: “As far as the structural problem our containership division faced, we have already taken steps to reform the business, such as upgrading the fleet with the world’s largest containership – 20,000 teu – to make us more cost competitive.”
No details were given but MOL has been tendering to buy 20,000 teu newbuildings through a third party charter deal.