Mitsui OSK Lines (MOL) has reached an agreement with Nihon Shipyard and Shin Kurushima Dockyard to build four 7,000-unit capacity car carriers that will use environment-friendly liquefied natural gas (LNG) as their main fuel.
The vessels are the second series following four LNG-fuelled car carriers, which are slated for delivery in 2024. The newly ordered ships are scheduled for delivery in succession, through 2024 to 2025. This will bring the company’s total orders for LNG-fueled car carriers to eight. Compared to conventional marine fuel oil, LNG is expected to reduce emissions of CO2 by about 25%-30% and SOx by 100%.
The company plans to launch about 90 LNG-fuelled vessels by 2030, under its strategy calling for Adoption of Clean Alternative Fuels to achieve that target. MOL continues to accelerate its initiatives on adoption of clean alternative fuels for vessels including the building of additional LNG-fuelled car carriers, other LNG-fuelled vessel projects in which the MOL Group has engaged, bio fuel and research on the use of ammonia under its commitment to reducing its GHG emissions.
