MITSUI

MANILA, Philippines — Mitsui O.S.K. Lines, Ltd. (MOL) has decided to scrap five double-hull tankers by the end of March. The scrapping of two vessels is already completed, and preparations are under way to start dismantling the other three. All five tankers were crude oil carriers launched before 1998. MOL, as one of the world's leading crude oil transport operators, is moving ahead to ...

Tokyo, Feb 7, 2012 (JCN) - ITOCHU Corp. and Mitsui & Co. Ltd have approved the pre-commitment funding for the outer harbour facility associated with the Western Australia iron ore operations, which are run as joint ventures with BHP Billiton (Australia & UK). The pre-commitment funding totals $917 million with the ITOCHU and Mitsui share at approximately $138 million.

-- Kogas in talks with Japex, Mitsui to form bid consortium, source says -- Kogas keen to run LNG plant, Japanese firms eye upstream assets -- Companies shelved plans to act separately to avoid bidding up price (Adds PNG gas reserves estimate in fifth paragraph, Exxon-led project in sixth, political tensions in seventh to ninth, more details on bid talks in tenth to seventeenth.

Joji Okada, CFO of Mitsui & Co., Ltd. hosted an analyst conference on Thursday February 2, 2012 to announce financial results for the nine-month period ended December 31, 2011.

Mitsui 9-month Profit Increases - Quick Facts

LONDON--(BUSINESS WIRE)--This announcement is for our U.S.$5,000,000,000 Euro Medium Term Note Programme authorized by UKLA on 8th September 2011. Consolidated Financial Results for the Nine-Month Period Ended December 31, 2011 (Based on accounting principles generally accepted in the United States of America ("U.S. GAAP")) Tokyo, February 2, 2012 - Mitsui & Co., Ltd. announced its consolidated ...

Mitsui O.S.K. Lines Ltd. (9104) and Nippon Yusen KK (9101) , Japan ’s two largest shipping lines, were downgraded by Moody’s Japan KK on concerns that slumping freight rates will hamper the companies’ ability to pare debt levels.

Sumitomo Mitsui Financial Group Inc. said it will invest in U.S. investment bank Moelis & Co. a day after the Japanese lender disclosed its $7.3 billion purchase of Royal Bank of Scotland Group Plc’s aviation division.

Sumitomo Mitsui Financial Group Inc. said it will invest in U.S. investment bank Moelis & Co. a day after the Japanese lender disclosed its $7.3 billion purchase of Royal Bank of Scotland Group Plc’s aviation division.

Mitsui Fudosan America, Inc. today announced the purchase of an 80% controlling interest in The Homer Building, a landmark office property of nearly 422,000 square-feet. The Homer Building is located in the heart of Washington, D.C., just three blocks from the White House.