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MOL Signs Long-term Contract for Methanol Carriers……

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Mitsui O.S.K. Lines, Ltd. President & CEO Junichiro Ikeda, announced that it has concluded long-term charter contracts for two methanol-fueled, methanol carriers with Waterfront Shipping Company Limited.

The vessels will be equipped with dual-fuel engines that can run on environment-friendly methanol or conventional fuel oil. They are slated for delivery at Hyundai Mipo Shipyard (South Korea) in 2021 and 2023 and will transport methanol for WFS.

Leveraging its accumulated expertise as one of the world’s largest methanol carrier owner/operators, MOL is working to further expand its methanol transport services by meeting a broad range of customer needs.

The MOL Group addresses today’s critical environmental issues in its Environmental Vision 2.0 and aims to achieve sustainable net-zero GHG emissions by bringing to bear its group-wide strength, while continuing to take a proactive approach to reducing the environmental impact of its business activities.

Source: www.mol.co.jp/en/

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