Mitsui O.S.K. Lines, Ltd. (MOL) took center stage at the 5th Clean Fuel Ammonia Association of Japan (CFAA) International Symposium held at Hitotsubashi University in Tokyo. Isao Watanabe, General Manager of the Carbon Power Solutions Unit, delivered a compelling presentation under the theme “Sharing Issues for Impending Social Implementation.“
Watanabe elucidated MOL’s commitment to zero-emission initiatives, emphasizing the challenges the company confronts in establishing an ammonia supply chain and harnessing ammonia as a clean alternative fuel. Notably, MOL is actively involved in designing an ammonia-fueled vessel, scheduled for delivery within this decade.
President and CEO Takeshi Hashimoto highlighted the broader impact, stating, “In addition to reducing GHG emissions from our group through the adoption of clean alternative fuels on its vessels, MOL Group will also contribute to the decarbonization of society as a whole.”
Shaping a Sustainable Future
Addressing the urgent need for reduced greenhouse gas emissions, President Shigeru Muraki emphasized the importance of balancing energy and the environment. He highlighted the accelerating efforts of countries, including Japan, aiming for carbon neutrality by 2050. Fuel ammonia emerges as a pivotal solution, gaining prominence in the “Green Growth Strategy for Carbon Neutrality in 2050.”
The Cabinet’s Sixth Strategic Energy Plan emphasizes hydrogen and ammonia comprising 1% of the power supply mix by 2030. Muraki’s speech acknowledged ammonia’s potential as a zero-emission fuel and its role as a potent energy carrier for renewable energy storage and transportation.
Collaborative Approach for Effective Implementation
To expedite the social implementation of fuel ammonia, Muraki stressed the need for collaboration among Japanese companies. The focus lies on developing a robust supply chain infrastructure covering manufacturing, transportation, storage, and utilization of ammonia. Acknowledging Japan’s leadership in direct combustion and co-combustion technologies, Muraki called for active participation from companies and promotion of governmental support measures.
Since its inception in 2019, CFAA has played a crucial role as a mediator between industry, academia, and government, fostering studies on technological and economic assessments. President Muraki expressed gratitude for the commitment to CFAA and urged continued contributions to drive the early social implementation of fuel ammonia, supporting decarbonization and fostering Japanese industrial growth.
In conclusion, MOL’s participation in the 5th CFAA International Symposium marks a significant stride toward realizing a sustainable and low-carbon future. The vision for an ammonia supply chain and utilization initiatives signals a promising trajectory in the maritime and clean energy sectors.
