June 11 - Effective July 1, 2015, Mitsui O.S.K Lines will re-brand its global car carrying division as MOL Auto Carrier Express (MOL ACE).

In addition to automobiles, the MOL ACE division will transport other large cargoes such machinery, trailers and construction equipment.

MOL Group operates around 120 car carriers and in April 2015, HLPFI reported that Mitsui O.S.K. Lines signed a deal to buy four next generation car carriers, which will be delivered in 2017 and 2018. Each 199.95 m long, 32.2 m broad vessel has a car carrying capacity of 6,800 standard passenger vehicles.

www.molgroup.com