Japanese nine companies have started the Ship Carbon Recycling Working Group (hereinafter referred to as “WG”) formed within Japan’s Carbon Capture & Reuse Study Group, and held its first meeting.
MOL - Mitsui OSK Lines
The rating is based on LNG-fueled ships environmental performance, specifically a reduction of more than 20% in emissions of CO2 compared to vessels powered by conventional heavy oil.
MOLTech, MOL, JHC, and Mitsui Zosen (Akiken) are conducting research and development on the propeller-mounted energy-saving device called PBCF (Note 1) and the energy-saving rudder with bulb fins.
Endeavor brings together global shipping leaders and innovative manufacturers to produce least carbon-intensive industrial-scale methanol on market – a key component of essential materials.
MOL, 2 of its group companies, and other consortium members have jointly applied to the Nippon Foundation to fund demonstration voyages to test underlying technologies for autonomous sailing within the fiscal year 2020.
MOL announced that PBCF, marketed by its group company MOL Tech won the Award for Logistics Environmental Impact-Reducing Technology Development in the 21st Logistics Environment Award, as selected by the Japan Association for Logistics and Transport.
MOL announced that the Japan Federation of Pilots’ Association ” has presented its Best Quality Ship Award for FY 2019 to two MOL-operated vessels: the bulk ship HAKUTAKA and the LNG carrier AL ZUBARAH.
MOL and LTW have signed a contract to build and charter an LNG terminal ship known in the industry as a FSRU for the planned LNG landing terminal in Wilhelmshaven on the North Sea.
The ocean shipping industry has urged the coastal shipping industry to reduce emissions of GHGs as one of Japan’s measures to address climate change.