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MOL launched the ISHIN NEXT - MOL SMART SHIP PROJECT - a new technological development project that builds on the success of the Senpaku ISHIN Project(*), announced in 2009.

We will share this project's technological development policies with customers and other stakeholders, and thereby grasp their needs and acquire various seeds of technologies.

MOL will deepen its efforts toward "safer vessel operation" and "technologies for reducing environmental impact" by connecting those needs and seeds as One MOL and advance technology development to meet customers' needs, at the same time enhancing our business capabilities and increasing corporate value.

(*) Senpaku ISHIN Project : MOL planned its next-generation concept ships and developed the underlying technologies required for the concept.

Concept of the project

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Investing in Self-Elevating Platform Vessel Business

One of the world's largest Self-Elevating Platform vessels, the Seajacks Scylla, owned and operated by Seajacks

MOL invested in Seajacks International Limited (Seajacks) Group, which owns and operates five Self-Elevating Platform (SEP) vessels(*).

This is a new offshore business for MOL, and also the first step into the renewable energy business field through involvement in installation of offshore wind power generation systems, which is expanding in Europe and other areas around the world.

MOL continually contributes to environmental protection in areas and ports worldwide, and takes a proactive stance in promoting thoroughly safe operation and ocean and global environmental protection in compliance with our corporate principles.

(*) SEP vessels: The platform is equipped with legs that rest on the seabed and move up and down. The vessel installs offshore wind power generation systems by moving the platform up to the sea surface with a crane. By raising and maintaining a level higher than the waves, the generators can operate even in rough seas. It can be used not only to install offshore wind power generation systems, but also to help maintain offshore oil and gas rigs.

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Methanol-Fueled Vessels

Equipped with Dual-fueled, Low-rev Main Engine Using Methanol and Fuel Oil

Methanol carrier the Manchac Sun

Three MOL-operated 50,000 DWT-type methanol carriers, which were delivered in 2016, are equipped with 2-stroke dual-fueled low-rev main engines capable of running on methanol, which is a biodegradable, clean burning marine fuel.

This engine produces lower emissions of carbon dioxide (CO2) and nitrogen oxide (NOx) in comparison with conventional ones, which use heavy oil . Use of methanol fuel can reduce emissions of sulfur oxide (SOx) by 99%, NOx by 18%, and particulate matter (PM) by 99%, in addition to cutting CO2 by 10%, in comparison with traditional fuels.

In addition, it is a cutting-edge "eco ship" as it is 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.

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MOL Sets its Sights on Construction of LNG-fueled Tugboat

1st LNG-fueled Tugboat in Osaka Bay, Promoting 'ISHIN NEXT'

LNG-fueled tugboat
(for illustrative purposes only)

LNG fuel results in virtually zero SOx emissions, significantly reduces NOx emissions, and can also reduce CO2 emissions by around 20% in comparison with conventional heavy fuel oil. It is an effective means of significantly reducing the environmental impact of ocean transport.

In May 2017, MOL decided to build an LNG-fueled tugboat. It will be the first LNG-fueled tugboat in Japan conforming to the IGF code(*1) issued in January 2017 subject to review by Japan's Ministry of Land, Infrastructure, Transport and Tourism.

MOL will own the tugboat, slated for construction at Kanagawa Dockyard Co., Ltd. Yanmar Co., Ltd. will supply LNG-fueled engines. Osaka Gas Co., Ltd. will supply LNG fuel to the tugboat. Nihon Tug-Boat Co., Ltd. will operate the tugboat.

The new tugboat will be deployed in Osaka Bay in April 2019. It will be equipped with high-performance dual fuel engines(*2) that allow high-speed operation and superior environmental performance, and will be the first LNG-fueled tugboat to escort large-scale freighters in Osaka Bay and the Seto Inland Sea. The development of this tugboat will also spur the initial development of an LNG fuel supply system for vessels in Osaka Bay.

The tugboat will be built as an element of "ISHIN NEXT - MOL SMART SHIP PROJECT -," and knowledge and expertise gained through its development and operation will be fed back to various types of LNG-fueled ships including the environment-friendly ferry (ISHIN-II). This project also reflects MOL's proactive stance in promoting LNG fuel through technological development of LNG-fueled vessels and enhancement of safe operation.

(*1) IGF Code: The International Code Of Safety For Ships Using Gases Or Other Low-Flash Point Fuels. The code stipulates safety requirements for vessels using gas and other low-ignition fuels, and was issued on January 1, 2017.

(*2) Dual Fuel Engine: Dual-fueled engines, which run on either A heavy oil or LNG

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Research Project of LNG-fueled Capesize Bulker

Teaming up with DNV GL/Rio Tinto/BHP Billiton/Woodside/SDARI

MOL Managing Executive Officer Toshiaki Tanaka, second from left, at the signing ceremony

MOL has reached an agreement to launch a joint study of a liquefied natural gas (LNG)-fueled Capesize bulker with five other companies- DNV GL (headquarters: Norway), BHP Billiton (headquarters: Australia/U.K.), Rio Tinto (headquarters: Australia/U.K.), Woodside Energy (headquarters: Australia/U.K.), and Shanghai Merchant Ship Design and Research Institute (SDARI; headquarters: China). The parties signed a letter of agreement at a ceremony held in Singapore on January 20.

The joint research project, called "Green Corridor," aims to reduce merchant vessels' emissions of NOx and SOx in advance of international treaties calling for stricter emissions standards, and will examine the technological and economic feasibility of an LNG-fueled bulker.

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MOL Ferry Co., Ltd. Launches Sunflower Furano

Ferry Sunflower Furano

MOL Ferry's cutting-edge Sunflower Furano went into service in May 2017. It offers significant improvements in fuel efficiency and environmental performance thanks to the adoption of contra-rotating propellers (CRP) and a hybrid propulsion system.

The ferry was designed to be "both eco- and people-friendly," featuring water-saving systems that keep the restrooms clean and environment-friendly, expanding barrier-free facilities onboard, and so on.

Following the Sunflower Furano, the MOL Group will launch three newbuilding ferries with the same features by 2018. The group is united in developing a fleet of safe and environment-friendly ferries.

World's Largest Containerships: 20,000 TEU

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