Tag: MOL

MOL, Sinopec and Marubeni teams up to boost marine biodiesel sales

MOL, Sinopec and Marubeni teams up to boost marine biodiesel sales

December 15, 2025 |

In China, Mitsui O.S.K. Lines, Ltd. China’s largest fuel supplier SINOPEC Zhejiang Zhoushan Petroleum Co., Ltd., and Marubeni Corporation, which holds the top share in the marine fuel sales market for Japanese shipowners in China, have signed a Memorandum of Understanding (MOU) for the establishment of a long-term supply system for marine biodiesel fuel. This […]

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MOL bunkers biofuel blend on charter for Anglo American in Singapore

MOL bunkers biofuel blend on charter for Anglo American in Singapore

September 22, 2025 |

In Singapore, Mol announced the successful completion of biodiesel-blended marine fuel (biofuel) bunkering in Singapore on September 14 on the MOL-owned capsize bulk carrier, Lambert Maru, which serves global mining company, Anglo American. Lambert Maru‘s voyage is now underway, powered by biofuel. This voyage represents an advanced case of utilizing the MOL Group’s carbon inset […]

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MOL acquires Approval in Principal from ClassNK for liquified CO2/methanol carrier

MOL acquires Approval in Principal from ClassNK for liquified CO2/methanol carrier

June 30, 2025 |

In Japan, Mitsui O.S.K. Lines, Ltd. and Mitsubishi Shipbuilding Co., Ltd. have acquired Approval in Principle (AiP) from Nippon Kaiji Kyokai (ClassNK) for their jointly developed liquefied CO2 (LCO2) / methanol carrier. AiP acquisition for this type of carrier marks a world’s first. Technologies for converting CO2 into fuel or chemical products are attracting attention […]

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MOL and Samsung Heavy Industries land order to design Solid Oxide Fuel Cell-powered vessel

MOL and Samsung Heavy Industries land order to design Solid Oxide Fuel Cell-powered vessel

June 4, 2025 |

In Japan, Mitsui O.S.K. Lines, Ltd. (MOL) and Samsung Heavy Industries Co., Ltd (SHI) have jointly acquired Approval in Principle (AiP) from the Lloyd’s Register for the design of a 174,000 LNG Carrier equipped with Solid Oxide Fuel Cell (SOFC) technology. The 174,000 LNG carrier will be equipped with a 300kW SOFC, supplied by Bloom […]

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MOL receives newbuild methanol dual-fuel methanol carrier

MOL receives newbuild methanol dual-fuel methanol carrier

June 2, 2025 |

In Japan, Mitsui O.S.K. Lines, Ltd. announced that on May 30, the Kohzan Maru VII, a newbuild methanol dual-fuel methanol carrier, was delivered at HD Hyundai Mipo. The Kohzan Maru VII will serve Mitsubishi Gas Chemical Company, Inc. under a long-term charter by MOL from Eifuku Kaiun Co., Ltd. She is the first methanol dual-fuel […]

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MOL joins global push for e-methane as marine fuel

MOL joins global push for e-methane as marine fuel

March 6, 2025 |

In Japan, shipping company Mitsui O.S.K. Lines has joined the e-NG Coalition, a Brussels-based international alliance focused on developing e-methane as a low-carbon fuel, bringing the group’s membership to 20 as of March 1. The coalition, formed in October 2024, promotes e-methane—synthetic methane produced from CO₂ and hydrogen—as a carbon-neutral alternative that can be used […]

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MOL to launch certified GHG reduction service for car carriers

MOL to launch certified GHG reduction service for car carriers

December 26, 2024 |

In Japan, Tokyo-based Mitsui O.S.K. Lines announced that it has obtained third-party certification from ClassNK for its book and claim service for pure car carriers, marking the first certification of its kind in Japan’s maritime shipping industry. The service, designed to allocate greenhouse gas reduction credits to customers, will commence in January 2025. The book […]

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Shipping giants explore ammonia as clean fuel of the future

Shipping giants explore ammonia as clean fuel of the future

October 30, 2024 |

In New York, Marine Link reports shipping companies, including NYK and MOL, are advancing ammonia as a marine fuel to cut emissions, with recent launches in Tokyo and Western Australia showing its potential. NYK, alongside IHI Power Systems and ClassNK, launched Sakigake, the first ammonia-fueled tugboat, which began a three-month trial in Tokyo Bay in […]

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Hamanaka Town launches biomethane study with industry partners

Hamanaka Town launches biomethane study with industry partners

August 22, 2024 |

In Japan, Hamanaka Town, JA Hamanaka, Takanashi Milk Products, Hokkaido Gas, Mitsui O.S.K. Lines, and MOL Sunflower launched a study to explore using biomethane from dairy farm manure as an alternative to liquefied natural gas in factories and vessels. This study, centered in the dairy-rich region of Hamanaka, Hokkaido, will assess whether biomethane can be […]

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MOL and Rio Tinto to decarbonize shipping through DOO program

MOL and Rio Tinto to decarbonize shipping through DOO program

March 13, 2024 |

In Japan, MOL and Rio Tinto have agreed to further collaborate on shipping decarbonization in addition to the existing commitment to the DOO program. The DOO program is a Rio Tinto initiative aimed at enhancing safety and improving crew welfare in the dry bulk industry. MOL Group has positioned environmental strategy as a key element […]

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