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MOL reveals plan to add 20,000-TEUers to upgrade its fleet
JAPAN's No 1 shipping company MOL is in the market to buy 20,000-TEU newbuildings through a third party charter deal, according to media reports.
If realised, the vessels would be the largest in the world, overtaking the 19,224-TEU MSC Oscar.
MOL president Koichi Muto said in his New Year message: '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 - make us more cost competitive,' reported SeaTrade Global, UK.
The largest containership currently in service is the 19,000-TEU CSCL Globe, which is set to be eclipsed this month by the 19,224-TEU MSC Oscar when it enters the Asia-Europe trade.
Looking at the containership business as a whole Mr Muto said: 'With global economic expansion, containerised cargo trade is certain to keep growing so the containership business, including container terminals, represents a growth opportunity.'
He said there was still plenty of room to improve profitability in the market sector through advancement in operations and yield management.
If realised, the vessels would be the largest in the world, overtaking the 19,224-TEU MSC Oscar.
MOL president Koichi Muto said in his New Year message: '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 - make us more cost competitive,' reported SeaTrade Global, UK.
The largest containership currently in service is the 19,000-TEU CSCL Globe, which is set to be eclipsed this month by the 19,224-TEU MSC Oscar when it enters the Asia-Europe trade.
Looking at the containership business as a whole Mr Muto said: 'With global economic expansion, containerised cargo trade is certain to keep growing so the containership business, including container terminals, represents a growth opportunity.'
He said there was still plenty of room to improve profitability in the market sector through advancement in operations and yield management.
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