openPR Logo
Press release

MOL Strengthens Ties with China’s Baosteel

10-23-2009 09:28 AM CET | Logistics & Transport

Press release from: Imageline

Model Ship

Model Ship

Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced an agreement with China’s Baosteel Group Corporation to further strengthen the companies’ cooperative relationship. The agreement was reached at an October 13 meeting between MOL President Ashida and Baosteel President He Wenbo at Baosteel headquarters in Shanghai.

MOL presented a model of the 300,000-ton iron ore carrier Baosteel Elaboration (*) to Baosteel as well.

“In the process of consolidation with other steel mills in China, Baosteel may gradually increase iron ore imports in the future, and transport needs may continue to grow,” Baosteel said.

At the same time, President Ashida told Baosteel, “We emphasize a long-term relationship, and pledge to provide a reliable, economically efficient fleet.”

(*) Baosteel Elaboration
Completed in June 2009 at Universal Shipbuilding Corporation Ariake Shipyard.
Since then on long-term contract to Baosteel.


MOL is one of the world’s largest multi-modal transport companies, operating 861 vessels and employing a workforce in excess of 9,200 worldwide. MOL operates one of the largest and most diverse networks of liner and logistics services around the globe, including weekly Transpacific, Transatlantic, Americas and Asia-Europe services. Please visit the company’s website at

Toby Anderson
PR Manager
Image Line Communications Ltd.
(t) + 44 (0) 20 7689 9009
(f) + 44 (0) 207 689 8008
1A Zetland House, 5 - 25 Scrutton Street, London EC2A 4HJ

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release MOL Strengthens Ties with China’s Baosteel here

News-ID: 102704 • Views: 1753

More Releases from Imageline

TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced the decision to integrate all back office activities, currently carried out by Seven Seas as agent to MOL in Nordic, in Denmark, Sweden, Norway and Finland into the established branch office of MOL Nordic. The move highlights MOL’s commitment to the region and desire to offer the most efficient service to customers. MOL established a branch office in July
MOL Announces New Asia-Black Sea Service
Tokyo, Singapore, Seoul, Dubai, October 4 2007 – The New World Alliance (TNWA) - Mitsui O.S.K. Lines, Ltd. (MOL), APL, and Hyundai Merchant Marine, Co., Ltd. (HMM) - Hanjin Shipping Co., Ltd and United Arab Shipping Company (UASC) today announced a new Asia-East Mediterranean / Black Sea service, named “EBX” (East-Mediterranean / Black Sea Express). The introduction of the new service will enable TNWA, Hanjin and UASC to offer direct
Trans Ocean Distribution Limited (TOD), part of the JF Hillebrand Group, is pleased to announce that it has acquired 100% of the shares in Seatrans Manufacturing (Propriety) Limited. This strategic acquisition further consolidates TOD’s position as the industry leader in the provision of bulk liquid logistics services using quality flexitank equipment alongside the JF Hillebrand Group’s leading industry position in the global packaged beverage markets. Seatrans Manufacturing, a long-time supplier of flexitanks
Following its acquisition of Trans Ocean Distribution, JF Hillebrand is proud to announce the launch of a dedicated bulk wine division. Hillebrand Bulk will give importers greater service options by combining the experience and expertise of the two companies’ bulk wine divisions. “JF Hillebrand’s unrivalled knowledge of beverage transport, coupled with TOD’s expertise in the design, construction and use of flexibags makes a formidable team,” commented JF Hillebrand Executive Board Member

All 5 Releases

More Releases for Baosteel

Global Stainless Steel Plate Market 2019 - Tisco, Outokumpu, Posco, BAOSTEEL
This new report by Eon Market Research, titled “Global Stainless Steel Plate Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Stainless Steel Plate industry at a global as well as regional and country level. Key facts analyzed in this report include the Stainless Steel Plate market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses
Global Neon Gas Market 2018-2025 INGAS, Parxair, Baosteel
The Global Neon Gas Market Report 2018 published by Markets Research Biz is a complete study of the business sectors, 2012-2018. It analyses the important factors of the Neon Gas Market based on present industry, Neon Gas Market demands, business strategies utilized by Neon Gas Market players and the future prospects from various angles in detail. Industry analysis is a market assessment tool used by business and analysts to understand the
Global Steel Strapping Market Report 2017 : Signode, Baosteel, Polychem
Qyresearchreports include new market research report "Global Steel Strapping Sales Market Report 2017" to its huge collection of research reports. The market study on the global Steel Strapping market is a scientific instrument to understand the performance of the said market over the forecast period. The report includes historical values as well as future projections, which serve as crucial indices for companies interested to participate in the Steel Strapping market. Using
Global Strapping Market - Anshan Falan, Baosteel, Polychem, Bhushan Steel, Yongs …
Apex Research, recently published a detailed market research study focused on the "Strapping Market" across the global, regional and country level. The report provides 360° analysis of "Strapping Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Strapping industry, and estimates the future trend of Strapping market on the basis of this
Global Strapping Market Research Report 2022: Mosca, Baosteel
The Global Strapping Market Research Report 2022 is a professional and in-depth study on the current state of the Strapping industry. In the past five years from 2012 to 2016, global strapping production revenue market scale was from 2749.48 million US dollars to $ 3157.96 million. It is estimated to reach 3299.74 million dollars by 2017 and 4096.74 million dollars by 2020, with the CAGR of 4.42% in terms of
Tinplate Market 2017- Arcelor Mittal, NSSMC, Baosteel, U.S. Steel, JFE
Tinplate is made from the process of thinly coating sheets of wrought iron or steel with tin and applied either by dipping in molten metal or by electrolytic deposition. Tinplate is now produced by the latter process, and is essentially a sandwich in which the central core is strip steel. This core is cleaned in a pickling solution and then fed through tanks containing electrolyte, where tin is deposited on