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    9104   JP3362700001

MITSUI O.S.K. LINES, LTD.

(9104)
  Report
End-of-day quote. End-of-day quote Japan Exchange - 10/22
6560 JPY   -0.30%
10/19Nikkei 225 Up 0.7% on Tech, Shipping Shares
MT
10/14Nikkei 225 Up 1.5% on Tech Strength, Softer Yen
MT
10/13Nikkei 225 Slips 0.3% on Wall Street Cues, Inflation Outlook, IMF Forecast
MT
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Mitsui O S K Lines : .S.K., Tata Steel tie up to cut greenhouse effect

08/25/2021 | 01:48am EDT

Mitsui O.S.K. Lines Ltd. has joined hands with Tata Steel Ltd. of India to reduce greenhouse gas emissions in transporting raw materials for steel production.

Mitsui O.S.K said both sides will conduct feasibility studies to develop and deploy an environmentally friendly bulk carrier under an agreement that also involves its wholly owned subsidiary MOL Drybulk Ltd.

The partnership will explore the benefits of Mitsui O.S.K.'s Wind Challenger system designed to convert wind energy to propulsive force as well as use of clean alternative fuels.

The technology has the potential to reduce greenhouse gas emissions by 5 to 8 percent by cutting bunker oil consumption through the installation of a telescoping hard sail, according to the Tokyo-based major merchant fleet operator.

MOL Drybulk was founded in April this year through the realignment of part of the Mitsui O.S.K. group's businesses. It operates about 200 ships ranging from 10,000 to 100,000 tons, including bulk careers, wood chip carriers and multipurpose vessels.

The latest deal follows a series of successful contracts on raw materials transportation between the group and Tata Steel, one of the world's biggest steelmakers, Mitsui O.S.K. said. (NNA/Kyodo)

==Kyodo

© Kyodo News International, Inc., source Newswire

Stocks mentioned in the article
ChangeLast1st jan.
MITSUI O.S.K. LINES, LTD. -0.30% 6560 End-of-day quote.108.25%
TATA STEEL LIMITED -1.43% 1295.7 End-of-day quote.101.34%
All news about MITSUI O.S.K. LINES, LTD.
10/19Nikkei 225 Up 0.7% on Tech, Shipping Shares
MT
10/14Nikkei 225 Up 1.5% on Tech Strength, Softer Yen
MT
10/13Nikkei 225 Slips 0.3% on Wall Street Cues, Inflation Outlook, IMF Forecast
MT
10/08Nikkei 225 Up 1.3%, Extends Gains on Washington Budget Outlook, Softer Yen
MT
09/30Nikkei 225 Off 0.3% as Tech Sector Softens
MT
09/29MITSUI O.S.K. LINES, LTD. : Ex-dividend day for interim dividend
FA
09/28Chipmakers, shippers drive Japanese shares to end lower
RE
09/27Japanese stocks fall on caution ahead of ruling party leadership election
RE
09/24Nikkei 225 Up 2.1%, Joins Global Rally After One-Day Holiday
MT
09/24Japan shares jump as financials, shippers shine
RE
More news
Analyst Recommendations on MITSUI O.S.K. LINES, LTD.
More recommendations
Financials
Sales 2022 1 107 B 9 756 M 9 756 M
Net income 2022 437 B 3 848 M 3 848 M
Net Debt 2022 830 B 7 313 M 7 313 M
P/E ratio 2022 1,84x
Yield 2022 11,2%
Capitalization 785 B 6 901 M 6 913 M
EV / Sales 2022 1,46x
EV / Sales 2023 1,41x
Nbr of Employees 8 571
Free-Float 97,3%
Chart MITSUI O.S.K. LINES, LTD.
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Mitsui O.S.K. Lines, Ltd. Technical Analysis Chart | 9104 | JP3362700001 | MarketScreener
Technical analysis trends MITSUI O.S.K. LINES, LTD.
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Last Close Price 6 560,00 JPY
Average target price 8 892,73 JPY
Spread / Average Target 35,6%
EPS Revisions
Managers and Directors
Takeshi Hashimoto President, CEO & Representative Director
Junichiro Ikeda Chairman
Yoshikazu Kawagoe Chief Technical Officer
Hideto Fujii Independent Outside Director
Etsuko Katsu Independent Outside Director
Sector and Competitors