MOL Takes Stage at 5th CFAA International Symposium
- Presents Vision for Building an Ammonia Supply Chain and Initiatives to Ammonia Utilization -

February 02, 2024

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that on February 2, MOL participated in the 5th CFAA International Symposium hosted by the Clean Fuel Ammonia Association of Japan (CFAA) at Hitotsubashi Hall of Hitotsubashi University in Tokyo.

Under the theme "Sharing Issues for Impending Social Implementation," Isao Watanabe, General Manager of Carbon Power Solutions Unit, spoke at the session titled "Evolution of Technology Development for Social Implementation." He presented MOL’s zero-emission initiatives and outlined the challenges the company faces in building an ammonia supply chain and using ammonia as a clean alternative fuel.

MOL is pursuing the design of an ammonia-fueled vessel as a zero-emission ship, which is slated for delivery within this decade.
In addition to reducing GHG emissions from our group through the adoption of clean alternative fuels on its vessels, MOL Group will also contribute to decarbonization of society as a whole by building a clean energy supply chain and communicating these initiatives through opportunities such as this event.

MOL Group 5 Sustainability Issues
MOL Group identifies "Sustainability Issues" (Materiality) as our key issues for sustainable growth with society through realization of the Group Vision.
We anticipate this initiative to contribute especially to the realization of "Environment -Conservation for Marine and global environment-" and "Innovation -Innovation for development in marine technology-".