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12.05.26 - 23:18
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Freights may see further rise: Mitsui OSK (Times of India)
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Mitsui OSK Lines anticipates further container rate increases due to a gap between rising bunker oil costs and freight rates, particularly in Asia. While a prolonged conflict could impact demand, the company remains bullish on India's growth, expanding its fleet for energy and vehicle transport....
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11.05.26 - 13:06
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3 Major Japan Shipping Firms Forecast Profit Falls for FY 2026 (Nippon)
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Tokyo, May 11 (Jiji Press)--Three major Japanese shipping companies have projected net profit falls for fiscal 2026, due to rising fuel prices linked to tensions in the Middle East. Nippon Yusen K.K.'s annual net profit is forecast to decrease 7.9 pct from the previous year to 195 billion yen, Mitsui O.S.K. Lines Ltd.'s profit is seen dropping 20.3 pct to 170 billion yen, and Kawasaki Kisen ......
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08.05.26 - 11:06
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Mitsui O.S.K. Lines Pays No Hormuz Passage Fees (Nippon)
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Tokyo, May 8 (Jiji Press)--Mitsui O.S.K. Lines Ltd. said Friday that it did not pay tolls for three ships linked to the Japanese shipping company that have passed through the Strait of Hormuz. Iran is said to be collecting fees from vessels passing through the effectively blockaded strait. The three vessels that have sailed through the strait since April 3 are a liquefied natural gas carr......
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09.04.26 - 05:48
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Mitsui OSK CEO Hopes Vessels Can Move Now Amid Ceasefire (Bloomberg)
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Jotaro Tamura, CEO of Japanese shipping and logistics company Mitsui OSK Lines, says he hopes vessels can resume operations following the US-Iran ceasefire. However, he says the company would need to scrutinize details of the ceasefire agreement and its implementation before allowing its ships to test the Strait of Hormuz.
(Source: Bloomberg)...
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06.04.26 - 10:24
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3rd Japan-Linked Ship Passes through Strait of Hormuz (Nippon)
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Tokyo, April 6 (Jiji Press)--A liquefied petroleum gas carrier affiliated with Japan's Mitsui O.S.K. Lines Ltd. has passed through the Strait of Hormuz under a de facto blockade, becoming the third Japan-linked vessel to do so, officials of the shipping company said Monday. The Indian-flagged ship, Green Asha, is owned by an Indian affiliate of Mitsui O.S.K., the officials said. No Japanese......
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04.04.26 - 12:24
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2nd Japan-Linked Ship Crosses Strait of Hormuz (Nippon)
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Tokyo, April 4 (Jiji Press)--A liquefied petroleum gas carrier affiliated with Mitsui O.S.K. Lines Ltd. has become the second Japan-linked vessel that crossed the Strait of Hormuz under a de facto blockade, it was learned Saturday. The ship is the Indian-flagged LPG tanker Green Sanvi, owned by an Indian affiliate of Mitsui O.S.K., according to the Japanese company. The vessel is on its way......
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03.04.26 - 15:24
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Japanese-Affiliated LNG Ship Sails thru Strait of Hormuz (Nippon)
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Tokyo, April 3 (Jiji Press)--A Mitsui O.S.K. Lines Ltd. vessel carrying liquefied natural gas has passed through the Strait of Hormuz, which is currently under a de facto blockade by Iran, it was learned Friday. This is likely the first Japanese-affiliated vessel to sail successfully through the major oil chokepoint since Iran imposed the blockade in response to attacks by the United States......
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01.04.26 - 05:57
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Elliott Management Statement on Mitsui O.S.K. Lines, Ltd. (PR Newswire)
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LONDON, April 1, 2026 /PRNewswire/ -- Elliott Investment Management L.P. and Elliott Advisors (UK) Limited ("Elliott"), which advise funds that together have a significant investment in Mitsui O.S.K. Lines, Ltd. ("Mitsui O.S.K." or the "Company"), today issued the following statement:......
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24.03.26 - 08:36
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Chinese Containership Is First To Pay Iran For "Safe Passage" Through Strait As Iraqi Tanker Crosses With Signal Off (ZeroHedge)
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Chinese Containership Is First To Pay Iran For "Safe Passage" Through Strait As Iraqi Tanker Crosses With Signal Off
The blockaded Strait of Hormuz is getting progressively less "blockaded" by the day.
Over the weekend we reported that "Iran was Ready To Let Japanese Ships Use Hormuz As Chinese, Indian Tankers Already Allowed Passage." We can now add Iraq to the growing list of nations whose vessels are transiting the infamous Strait.
An oil supertanker hauling two-million barrels of Iraq's crude got through the Strait of Hormuz, the first vessel observed moving Baghdad's barrels through the the vital waterway - according to Bloomberg - since it all but closed to commercial shipping because of the Iran war.
The Omega Trader tanker Source: MarineTraffic
The Omega Trader, managed by Japan's Mitsui OSK Lines Ltd, signaled over the past few days that it reached Mumbai. Its prior signal before reaching the Indian port city had been from inside the Persian Gulf mo...
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