MOL has signed an agreement with Nihon Shipyard Co. and Shin Kurushima Dockyard Co. to build Car Carriers that will use environment-friendly liquified natural gas (LNG) as their main fuel.
Compared to conventional marine fuel oil, LNG is expected to reduce emissions of carbon dioxide (CO2), which is a greenhouse gas (GHG), by about 25%-30%, and sulfur oxide (SOx) by 100%.
This initiative for the ‘Adoption of Clean Alternative Fuels’ is one of MOL’s action plans to achieve the plan in “MOL Group Environmental Vision 2.1”, which aims to achieve net zero GHG emissions by 2050.