Methanol Carrier the CAJUN SUN Delivered
- The Last of the Series of New Vessels Featuring Dual-fueled, Low-rev Main Engine Using Methanol and Fuel Oil -

November 16, 2016

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced the delivery of 50,000 DWT methanol carrier the CAJUN SUN at Minaminippon Shipbuilding Co., Ltd. (President: Ryutaro Ikebe; Headquarters: Oita, Japan) on November 10.

The CAJUN SUN is the third vessel of the series of cutting-edge "eco-ships" equipped with 2-stroke dual-fueled low-rev main engine capable of running on methanol which is a biodegradable clean burning marine fuel. Methanol significantly reduces smog-causing emissions such as particulates, sulphur oxides and nitrogen oxides. In addition, it is also equipped with a ballast water treatment system, ahead of treaty requirements mandating such systems, and adopts energy-saving accessories in front of and astern of the propellers.

She will be on long term time charter to Waterfront Shipping Company Limited (President: Jone Hognestad; Headquarters: Vancouver, Canada). Waterfront Shipping operates the world's largest methanol ocean tanker fleet and specializes in the safe, responsible and reliable transport of bulk chemicals and clean petroleum products to major international markets in North America, Asia Pacific, Europe and Latin America.

MOL works continually to upgrade its methanol transport services by leveraging experiences and know-how accumulated over many years, meet a broad range of customer needs, and proactively introduce various technologies that contribute to reduction of environmental impact.

(*) Please refer to previous press releases.
December 10, 2013: MOL, WFS Sign Deal to Build, Charter Methanol Carrier
July 1, 2015: The World's First Methanol-fueled Low-rev Diesel Engine
September 30, 2016: Methanol Carrier the Manchac Sun Delivered