Top Page > Information > MOL PLUS Wins Prize in the Climate Change Category at the 2025 NIKKEI Blue Ocean Awards

MOL PLUS Wins Prize in the Climate Change Category at the 2025 NIKKEI Blue Ocean Awards

December 11, 2025

TOKYO-MOL PLUS CO., Ltd. (MOL PLUS; CEO: Takuya Sakamoto, Headquarters: Minato-ku, Tokyo), a wholly owned CVC (Corporate Venture Capital) subsidiary of Mitsui O.S.K. Lines, Ltd. (MOL; CEO: Takeshi Hashimoto; Headquarters: Minato-ku, Tokyo), has, for the first time, received a prize in the Climate Change Category at the 2025 NIKKEI Blue Ocean Awards ^{(Note 1)}. This prize recognizes specific efforts to combat climate change, and MOL PLUS was awarded for the "Next Generation Energy Storage System Installation Project to Decarbonize the Port and Logistics Industry" ("the Project" ^{Note 2}), which the company is working on together with VFlowTech ^{(Note 3)}, a Singapore-based start-up in which it has invested.

This Project involves the installation of next-generation energy storage systems in port operations and logistics warehouses, using surplus energy from renewable energy sources, principally solar power, to convert the electricity supply to renewables. Business creation officers have been appointed at two overseas offices, MOL (Asia Oceania) and MOL (India), and efforts are currently underway to establish a leasing model for energy storage systems in Southeast Asia and India.

At the awards ceremony held on December 4, the jury commented that the Project was commendable from the three perspectives of "marketability to change society", "cooperativity and framework for realization", and "future development and growth potential". They also commented that the Project would contribute to the formation of a new international model for the decarbonization of port power sources by replacing conventional power sources with renewable energy and storage batteries. MOL Group's strengths through the effective utilization of the MOL Group's international network was also the key factor leading to the award, they added.

MOL PLUS continually works to generate synergetic effects based on startup companies' innovative ideas and technologies and MOL Group's resources through investment in and collaboration with startups, aiming to create new businesses PLUS new value to the ocean shipping industry and society.

(Note 1) About the NIKKEI Blue Ocean Awards:
An initiative run by Nikkei Inc. to commend and support companies, organizations, and individuals that are actively engaged in preserving the marine environment and making appropriate use of fishery resources. at the award targets the Blue Economy sector: the Grand Prize, the Biodiversity Category, the Resource Recycling Category, the Climate Change Category, and the Jury's Special Prize.

(Note 2) About the Project:

(Note 3) Outline of VFlowTech

Company Name	VFlowTech Pte Ltd
Representative	Avishek Kumar
Established	2018
Location	Singapore, India, Australia
Business	Development and manufacturing of the vanadium redox flow battery, a long-life, highly safe, and easily scalable large-capacity energy storage system.