Category News

U.S. House of Representatives Passes Legislation for Naval Vessels to Transition from Copper-based Antifouling Coatings by 2028

On June 14, 2024, the U.S. House of Representatives passed legislation to commence the U.S. Navy transitioning away from copper-based antifouling coatings. The legislation directed the Secretary of Defense to develop, “a…

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MOL to Take Equity Stake in Alistair Group, A Leading Logistics Company in Sub-Saharan Africa- Strengthening Logistics Services in Africa

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that it has agreed to acquire a 25% stake in Tanzania-based Alistair Group (President: Alistair James), a cross-border…

Read MoreMOL to Take Equity Stake in Alistair Group, A Leading Logistics Company in Sub-Saharan Africa- Strengthening Logistics Services in Africa