First biofuel bunker operation for a vehicle carrier completed in Singapore

TotalEnergies Marine Fuels and Mitsui O.S.K. Lines, Ltd. (MOL) have completed the first biofuel bunker operation for a vehicle carrier in Singapore. The operation was completed with the support from the Maritime and Port Authority of Singapore. The MOL-operated car and truck carrier, Heroic Ace, was refuelled by TotalEnergies-supplied biofuel on 11 June 2022 via

MOL will commence biofuel sea trials

Mitsui O.S.K. Lines, Ltd’s (MOL’s) group company, MOL Drybulk Ltd. will start sea trials of Panamax bulk carrier ‘C.S. OLIVE’, chartered from Chugoku Sougyo CO., Ltd. using biofuel in late June 2022. MOL has signed a deal for biofuel supply with Chevron Singapore Pve. Ltd., and about 500 tons of International Sustainability & Carbon Certification

MOL joins FMC to boost decarbonization

Mitsui O.S.K. Lines, (MOL) has announced that it has joined the First Movers Coalition (FMC) with an aim to to boost demand for decarbonization technology. MOL is the first Japanese company to take part in FMC. FMC was established to boost demand for decarbonization technology. It is a platform that has an objective to help

MOL scales up carbon removal technologies

Japan’s Mitsui OSK Lines (MOL) is among five founding buyers of credits from a facility established by a Swiss carbon project developer, South Pole. It is aimed at scaling up carbon removal technologies for MOL. South Pole’s NextGen facility has committed to buying 1m carbon dioxide removals (CDRs) from projects generated from a range of

Gas Entec, completes conversion of Liquefied Natural Gas (LNG) carrier

GAS Entec, a subsidiary of Atlantic Gulf & Pacific International Holding (AG&P), has completed the conversion of a 125,000m³ LNG carrier (LNGC) for KARMOL, a joint-venture between Turkey’s Karpowership and Japan’s Mitsui OSK Lines (MOL), into an 84 mmscfd Modular Floating Storage and Regasification Unit (M-FSRU) with capacity to scale from 15 to 300 mmscfd

MOL orders four LNG-fueled ships

Japanese shipping company Mitsui O.S.K. Lines (MOL) has reached an agreement with compatriot Nihon Shipyard and Shin Kurushima Dockyard for the construction of four 7,000-unit capacity car carriers that will use environment-friendly liquefied natural gas (LNG) as their main fuel. The newly ordered ships are scheduled for delivery in succession, from 2024 to 2025. This

MOL to build green hydrogen plant

Hungarian oil and gas company MOL announced plans to build a EUR 22 million ($23.14 million) green hydrogen plant at its refinery in Százhalombatta, south of the capital. The hydrogen plant, fuelled with electricity produced from renewable resources, will turn out 1,600 tonnes of hydrogen a year, making it one of Europe’s biggest green hydrogen

MOL books two more LNG newbuilds at DSME

Japan’s Mitsui OSK Lines (MOL) has signed up for two newbuild 174,000 cu m liquefied natural gas (LNG) carriers at South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME). The dual-fuel ships come with a price tag of around $213m each and are set for delivery in the second and third quarter of 2026. Multiple shipbrokers

MOL signs an MoU with Trafigura for biodiesel fuel supply system

Mitsui O.S.K. Lines, Ltd., its wholly-owned company MOL Chemical Tankers Pte. Ltd., leading commodity trading company Trafigura Pte Ltd., and its vessel fuel supply joint-venture company TFG Marine Pte Ltd, have signed a Memorandum of Understanding (MOU). The MOU is for a joint study on the full-scale supply of biodiesel fuel (BDF) for MOLCT-operated vessels

MOL and Mitsui sign time charter agreement for LNG carrier

Japan’s Mitsui OSK Lines (MOL) has signed a time charter agreement with domestic trading firm Mitsui & Co for an LNG carrier. The 174,000m³ vessel is expected to be delivered in 2024. It will primarily be used to supply LNG for Mitsui & Co projects across the world. The vessel will be equipped with a