MOL orders two container ships

The company also reached an agreement with NOL Group (one of MOL’s partners in The New World Alliance) for a three-year charter of five large containerships (14,000 teu) of 10 that NOL Group has on order. The five chartered ships will be delivered in 2013 – 2014 and will serve with the other five operated by APL on Asia-Europe routes.

“Expansion of the fleet will secure needed capacity on the East-West route and allow us to provide high-quality, competitive services. MOL is reviewing the need for an expansion of the fleet on not only East-West trades but also all other routes for the benefit of our customers,” said Junichiro Ikeda, MOL’s CEO.