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mitsui osk lines ltd (9104) Details

Mitsui O.S.K. Lines, Ltd. provides ocean shipping services in Japan, North America, Europe, Asia, and internationally. The company operates through Bulkships, Containerships, Ferry & Domestic Transport, Associated Business, and Others segments. Its fleet consists of dry bulk carriers for the transportation of iron ore, coal, grain, wood, wood chips, cement, fertilizer, and salt; very large crude oil carriers; product tankers that transport refined petroleum products, such as gas oils, naphtha, and gasoline; chemical tankers and methanol carriers for the transportation of liquid chemical products; and liquefied petroleum gas and liquefied natural gas (LNG) carriers. The company’s fleet also includes car and truck carriers that transport automobiles; containerships; and ferry and coastal liners, which market and transport industrial raw materials and products, foodstuffs, and other products, as well as cruise ships. It operates 883 vessels, including 403 dry bulkers; 175 crude oil tankers; 69 LNG carriers; 120 car carriers; 95 containerships; 15 ferries and coastal RoRo ships; 3 offshore business vessels; and 2 other vessels, as well as a cruise ship. In addition, the company operates container terminals in Japan and internationally; floating storage and regasification units; and floating production, storage, and offloading systems, as well as offers logistics services, such as air and ocean freight forwarding, trucking, warehousing, and heavyweight and oversized cargo transport. Further, it is involved in ocean shipping related businesses comprising tugboat operation, land transport, warehousing, maritime consulting, travel, office building leasing, property management, finance, trading, insurance, IT systems and telecommunications, temporary staffing, emergency oil stockpile, nautical charts sale, and other businesses. The company was founded in 1884 and is headquartered in Tokyo, Japan.

10,500 Employees
Last Reported Date: 07/29/16
Founded in 1884

mitsui osk lines ltd (9104) Top Compensated Officers

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mitsui osk lines ltd
The Port of Vancouver in Canada Selects Mitsui O.S.K. Lines's PBCF Technology to Reduce Vessel Noise

The Port of Vancouver in Canada has selected propeller boss cap fins (PBCF) technology from Mitsui O.S.K. Lines (MOL) to reduce vessel noise. Selected as part of the port's EcoAction environmental programme, the technology will be accompanied with designated equipment.EcoAction provides a discounted harbour due rate to vessels, which have already implemented voluntary emission reduction measures and other environmental practices. Jointly developed by MOL, West Japan Fluid Engineering Laboratory, and Nakashima Propeller, PBCF will enable users to minimise cavitation and underwater noise, which affects marine mammals.

Mitsui O.S.K. Lines, Ltd. Reports Earnings Results for the Nine Months Ended December 31, 2016; Revises Earnings Guidance for the Year Ending March 31, 2017

Mitsui O.S.K. Lines, Ltd. announced unaudited consolidated earnings results for the nine months ended December 31, 2016. For the quarter, the company reported revenues were JPY 1,081,440 million compared to JPY 1,317,134 million a year ago. Operating loss was JPY 2,078 million compared to operating income of JPY 9,586 million a year ago. Ordinary income was JPY 13,811 million compared to JPY 38,792 million a year ago. Profit attributable to owners of parent was JPY 19,026 million compared to JPY 13,294 million a year ago. Diluted net income per share was JPY 14.70 compared to JPY 10.27 a year ago. Income before income taxes and non-controlling Interests was JPY 35,292 million compared to JPY 27,565 million a year ago. Net cash used in operating activities was JPY 8,057 million compared to net cash provided by operating activities of JPY 86,108 million a year ago. Purchase of vessels and other tangible and intangible fixed assets was JPY 78,367 million compared to JPY 107,466 million a year ago. The company revises earnings guidance for the fiscal year ending March 31, 2017. The company expects revenues to be JPY 1,482,000 million, operating loss to be JPY 8,000 million, ordinary income to be JPY 8,000 million, profit attributable to owners of parent of JPY 0 million or net income per share of JPY 0.00 compared to revenues of JPY 1,413,000 million, operating loss of JPY 15,000 million, ordinary loss of to be JPY 3,000 million, and profit attributable to owners of parent of JPY 7,000 million expected on its previous outlook.

Mitsui O.S.K. Lines, Ltd., Q3 2017 Earnings Call, Jan 31, 2017

Mitsui O.S.K. Lines, Ltd., Q3 2017 Earnings Call, Jan 31, 2017

 

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