MOL Receives Vessel Speed Reduction Award and Green Flag Award from both Los Angeles and Long Beach Ports
- Contributing to a Cleaner Environment in both Ports -

July 30, 2015

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that the company has earned recognition from the ports of both Los Angeles and Long Beach, California, for its efforts to ensure compliance with standards that call for vessels to slow down within 40 nautical miles (nm) of the shore.

The Port of Los Angeles the Vessel Speed Reduction Program and Port of Long Beach introduced the Green Flag Program. The programs urge vessel operators to slow down to 12 knots or less within a certain range of the ports to reduce emissions of carbon dioxide (CO₂), nitrogen oxide (NO_x), and sulfur oxide (SO_x) in coastal areas to conserve coastal environment, and offer annual rewards to vessel operators that achieve extraordinary compliance percentages.

Every year, a total of 250 MOL Group-operated vessels including containerships calling at MOL's TRAPAC container terminal, as well as car carriers, tankers, and bulkers, navigate through the area covered by the speed standards. The ports have clearly appreciated the company's efforts to comply with the program and contribute to a cleaner coastal environment. MOL has been awarded every year since the awards started at Los Angeles in 2008 and at Long Beach in 2005, respectively.

MOL continually contributes to environmental conservation not only in this area, but also at other ports all over the world, and takes proactive environmental steps on a global scale.