Latest Tokyo Brief coverage on Mitsui O.S.K. Lines, Ltd., tracking filings, financial news, and market signals from Japan.
TSE:9104
Mitsui O.S.K. Lines is offering ¥9.1bn of five-year bonds at 2.857% and ¥12.9bn of ten-year bonds at 3.681%, and plans to spend the ¥21.889bn net proceeds on LNG-carrier investment by March 2027.
Japan Engine Corporation's 6UEC35LSGH hit a hydrogen co-firing ratio above 95% and cut emissions by the same margin against heavy-oil engines in factory tests witnessed by ClassNK, but the engine still has to survive installation on a Mitsui O.S.K. Lines vessel and at-sea demonstration testing from April 2028 before it counts as proven.
Japan Engine Corporation's 6UEC35LSGH cut emissions by 95% or more against a heavy-fuel-oil engine in factory trials, but the real test, an April 2028 sea demonstration aboard a Mitsui O.S.K. Lines vessel, is still nearly two years off.
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