Japan’s largest shipowner Mitsui OSK Lines (MOL) is looking to make dry bulk inroads into Turkey.
MOL has signed an agreement with Turkish steel mill Tosyali Holding looking to develop transport agreements for both raw materials and steel products as well as developing a port together in southeastern Turkey.
Tosyali is a major Turkish steel company, with 2018 output of over 10m tons, and is developing the business on a broad scale both in Turkey and around the world. Last year, the company started operation of world’s largest direct reduced iron (DRI) plant in Algeria.
