• Follow us
  • Facebook
  • Twitter
  • Linkedin
  • YouTube
  • RSS
  • Contact us

Getting access to our website

Read more

Search form

MOL Led to Launch a Working Group for Zero Emission Alternative Fuel - Project Aims to Reduce GHGs Emissions across Industries

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that it has joined the Carbon Capture & Reuse (CCR) Study Group (Note 1) and launched the "Cross-industrial Working Group Related to Zero Emission Alternative Ship Fuels." The working group aims to reduce carbon dioxide (CO2) emissions in international shipping's value chains by using synthetic methane (methanation fuel) as an alternative to fossil fuel, the current mainstream fuel for merchant vessels. Synthetic methane is generated by methanation technology that combines CO2 with renewable energy-derived hydrogen.

In April 2018, the International Maritime Organization (IMO), which studies measures to reduce greenhouse gas (GHG) emissions in international shipping, set the goals - reduce CO2 emissions by 40% per unit of transport by 2030, and total GHG emissions by 50% by 2050, compared to 2008, and to zero GHG emissions as early as possible in this century.

European countries, Japanese power and gas companies are paying increased attention to methanation fuel, a technology with the potential to realize zero emissions. MOL aims to introduce methanation fuel for ships and establish a supply chain by launching the working group, and will engage in study and promotion of the fuel in cooperation with other industries, other companies, and government agencies.

Aug 12 2019


Get the latest news - for FREE

Receive our weekly newsletter with the latest news and unique special offers.

Products

Shippax Info

Our monthly magazine + Online Access.1 year subscription.

More

Shippax Designs 23

FINNSIRIUS

More

Shippax Market 23

Market reports & outlook

More

Shippax Guide 23

P&O PIONEER

More

Shippax Database - Single user

Shippax Database online

More

Ferry Statistics

Price upon request

More

Don’t miss out!

The place to meet the ferry shipping industry!