MOL continues liner integration strategy with Utoc acquisition
Japan’s MOL is emulating other liner giants in bringing logistics companies under its umbrella, including ...
Felicity Ace on fire last year
The crew have abandoned car-carrier Felicity Ace, owned by MOL, which is ablaze off the Azores, while salvage teams are on their way to the vessel and its cargo of 4,000 Porsche and Volkswagen cars.
All 22 members of the crew are safe and uninjured, according to reports.
Claims consultancy WK Webster said salvage services would be rendered under LOF terms.
It said: “It is not currently clear if [the] shipowner intends to declare General Average as a consequence of this casualty. If ...
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