As the 19,000 teu ‘CSCL Globe’, currently the world’s largest containership, arrives in Europe on its maiden voyage from China, Mitsui OSK Lines (MOL) president, Koichi Muto, has raised the stakes again by announcing in his New Year message that the shipping line’s strategy is to upgrade its fleet with 20,000teu ultra-large container vessels (ULCV).
Having celebrated its 130th anniversary last year, he admitted that the line’s business results are projected to be considerably less than the outlook forecast at the beginning of the year.
“In truth, we were tossed about by rough waves throughout, and it became a very severe year,” he stated.
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