TOKYO- Mitsui O.S.K. Lines, Ltd. have signed a basic agreement with Kansai Electric Power Co., Inc. regarding coal transportation. MOL, a leading shipping company, will charter a newbuilding Dual Fueled bulk carrier to transport coal from overseas to KEPCO’s Power Station. The vessel, constructed by Oshima Shipbuilding Co., Ltd., has the capability to burn either conventional marine fuel oil or LNG, offering increased flexibility.
Scheduled for delivery in the second half of 2026, this newbuilding will not only serve the ongoing contract but also contribute to overseas coal transportation for the Maizuru Power Station. By utilising LNG as a fuel source, the vessel will significantly reduce carbon dioxide (CO2) emissions by approximately 25%, sulfur oxides (SOx) emissions by 100%, and nitrogen oxides (NOx) emissions by about 85% compared to conventional marine fuel. The use of LNG as a marine fuel has been proven effective and widely adopted in the industry.
MOL Group, in line with its environmental commitments outlined in the “MOL Group Environmental Vision 2.2,” aims to achieve net zero greenhouse gas (GHG) emissions by 2050. The company has already made significant progress in this regard, having ordered and built LNG-fuelled car carriers, bulk carriers, tankers, ferries, and a tugboat. The newbuilding bulk carrier will mark MOL’s 17th LNG-fuelled ocean-going vessel, demonstrating its commitment to expanding the use of LNG as an immediate solution to reduce GHG emissions. The group remains dedicated to accelerating efforts to minimise its overall GHG emissions.
