MOL strengthens fleet with 5 LNG-fueled newbuilds

Japanese shipping major Mitsui O.S.K. Lines (MOL) is expanding its fleet with five additional newbuilding LNG dual-fueled Capesize bulkers. Namely, MOL revealed that two vessels will be ordered at compatriot Nihon Shipyard and built by Imabari Shipbuilding Co. Furthermore, Chinese shipbuilding heavyweight CSSC Qingdao Beihai Shipbuilding Co will build the additional three. The vessels are

Japan’s Mol, Germany’s Hy2gen tie up on e-methanol

Japanese ship operator Mitsui OSK Lines (Mol) and German hydrogen developer Hy2gen will work together to explore the use of e-methanol from Hy2gen’s Nautilus project in Lower Saxony, Germany. Mol’s agreement with Hy2gen Deutschland, Hy2gen’s wholly owned subsidiary, also involves exploring the use of e-methanol as a marine fuel in the Atlantic region. Hy2gen’s Nautilus

MOL makes significant stride in developing hydrogen-powered ships

Japanese shipowner Mitsui OSK Lines (MOL), along with yards Onomichi Dockyard, Kawasaki Heavy Industries and Japan Engine Corporation (J-ENG) have conducted a risk assessment of a multipurpose vessel powered by hydrogen, which has been granted approval in principle (AiP) for the ship’s parcel layout concept from Nippon Kaiji Kyokai (ClassNK). This marks the world’s first

MOL orders LNG newbuild from Samsung

Japanese shipowner Mitsui OSK Lines has returned to Samsung Heavy Industries with an order for one more LNG carrier. In an exchange announcement last week, the South Korean shipbuilder said it had received the order from an Asian owner without naming the company behind the vessels. Brokers have placed MOL behind the deal worth around

MOL forges offshore wind and green hydrogen partnership

Japanese shipowner Mitsui OSK Lines (MOL) has partnered up with EDF Renewables, a subsidiary of France’s utility EDF, to cooperate on the development of the offshore wind sector and to pursue opportunities in green hydrogen. MOL established its offshore wind business in 2021 and has since been growing its marine renewables footprint with a number

MOL, NYK and K Line join forces to develop hydrogen carriers

Japan’s three largest shipowners are joining forces with Kawasaki Heavy Industries and industrial gas firm Iwatani Corporation to develop hydrogen carriers together. Mitsui OSK Lines (MOL), Nippon Yusen Kaisha (NYK) and Kawasaki Kisen Kaisha (K Line) are each taking a 16.6% in new firm JSE Ocean, designed to quickly build up Japan’s maritime hydrogen supply

MOL orders more LNG-powered car carriers

Japan’s shipping giant MOL has ordered two more LNG-powered car carriers at compatriot Nihon Shipyard. A spokesperson for MOL confirmed the order to LNG Prime for two LNG-powered vessels with a capacity of 7,000 units. MOL now has six LNG-powered car carriers with a capacity of 7,000 units at Nihon, the spokesperson said. The spokesperson

MOL and MSC become part of decarbonisation coalitions

MITSUI O.S.K. Lines and MSC have joined coalitions aiming to decarbonise the shipping industry. MOL has signed a five-year impact partnership agreement with the Global Centre for Maritime Decarbonisation, and MSC has become a member of the SEA-LNG Coalition. As a GCMD impact partner, MOL intends to provide access to vessels as part of coalition

MOL project to produce pure water for hydrogen generation

Mitsui O.S.K. Lines, Ltd. (MOL) is promoting the Wind Hunter Project, which harnesses offshore wind energy to produce hydrogen from water onboard and convert it into propulsion for vessels, to realize a decarbonized, hydrogen-based society. However, hydrogen production requires a higher level of water purity, even more than drinking water. During the Wind Hunter hydrogen

Petronas, MOL, SDARI JV obtain approvals from DNV and ABS

Mitsui OSK Lines (MOL) has received approval in principle (AiP) for a liquefied CO2 (LCO2) carrier from ship classification societies Det Norsk Veritas AS (DNV) and the American Bureau of Shipping (ABS) In addition to the AiP for the LCO2 carrier development project, ABS issued an AiP for a floating storage and offloading (FSO) unit.