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.

MOL and Petronas develop liquified CO2 shipping

Mitsui OSK Lines (MOL) and Petronas have showcased the results of their joint efforts aimed at shipping and storing liquified carbon dioxide (CO2). The duo, in collaboration with Shanghai Merchant Ship Design & Research Institute (SDARI), has developed and secured approval in principle for liquefied CO2 carriers and a floating storage and offloading (FSO) unit.

MOL to work together with Chevron to reduce carbon intensity

The partnership will see joint studies carried out on next-generation fuels in various regions around the world including safety measures and legislation for lower-carbon efforts in the marine fuels sector.

MOL and JERA agree on LNG newbuild charter

The 174,000 cu m vessel will be built at the Geoje Shipyard of South Korea’s Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering, for delivery in 2025 and managed by MOL.