Mitsui O.S.K. Lines
  • About MOL

    About MOL

    About MOL Top

    • Corporate Profile
    • Corporate Mission
    • Directors, Auditors and Executive Officers
    • Organization
    • History
    • Location
    • MOL Group
    • Corporate Brochure/Video

  • MOL Services

    MOL Services

    MOL Services Top

    • Dry Bulk Transport Dry Bulkers
    • Energy Transport Tankers
    • Energy Transport Wind Power Energy Business
    • Energy Transport LNG Carriers
    • Energy Transport Offshore Business
    • Product Transport Car Carriers
    • Product Transport Ferries and Coastal RoRo Vessels
    • Product Transport Containerships
    • Product Transport Terminal
    • Product Transport Logistics
    • Associated Businesses Cruise Ship
    • Associated Businesses Tugboat

  • Sustainability

    Sustainability

    Sustainability Top

    • Sustainability Management
      • Sustainability Issues (Materiality)
      • Sustainable Finance
    • Safety & Value (Provide added value through safe transportation and the social infrastructure business)
      • Fundamental Policy of Safe Operation
      • Organization to support Safe Operation
      • Cultivating a Safety Culture
      • Initiatives and Activities to support Safety
      • Facilities, Equipment and ICT that Support Safe Operation
    • Environment (Conservation for Marine and global environment)
      • MOL Group Environmental Policy Statement
      • MOL Group Environmental Vision 2.1
      • Environmental Management System
      • Regulations
      • Climate Change Countermeasures
      • Information Disclosure based on TCFD Recommendations
      • Preservation of marine environments / Protection of biodiversity
      • Prevention of Air Pollution
    • Human & Community (Contributing to the growth and development of people and communities)
      • MOL CHARTS: Expressing the MOL Group's Shared Values
      • Human Resources Development
      • Securing and training seafarers
      • Workstyle Reforms
      • Promotion of Diversity and Inclusion
      • Health and Productivity Management
      • Stakeholder Engagement
      • Social Contribution Activities
    • Innovation (Innovation for development in marine technolog)
      • Organizational Structure to Promote Technological Innovation
      • Technological Innovation - MOL's Projects
      • Tracking MOL's Ship Technologies
      • ICT Strategy
    • Governance (Governance and compliance to support businesses)
      • Corporate Governance
      • Risk Management
      • Compliance
      • Information Security
      • Responsible Procurement
      • Human Rights
    • External Recognition
    • Sustainability Data
    • GRI STANDARDS INDEX
    • MOL Report (to IR Library)
      Safety, Environmental and Social Report (Back Issues)

  • Investor Relations

    Investor Relations

    Investor Relations Top

    • Management Policy
      • Message from the CEO
      • Management Plan
      • IR Policies
      • Risk Management
    • Financial Information
      • Latest Financial Results
      • Financial Data
    • IR Library
      • IR News
      • Financial Highlights
      • Business Performance
      • Investor Guidebook
      • Market Data
      • Investors Meeting
      • MOL Report
      • Business Report
      • Financial Statements
    • Share & Corporate Bond
      • General Share Information
      • Dividends
      • General Meeting of Shareholders
      • Articles of Incorporation
      • Corporate Bond & Ratings
      • Analyst Coverage
      • Share Price (Euroland)
    • IR Event Calendar
    • FAQ
    • Contact IR Office
    • IR Email Updates
    • Disclamer

  • Press Release
  • Contact Us
  • Service Site

JP

Close

Top Page > Press Release 2010 > Two MOL Vessels Enrolled in Environmentally-Friendly Fuel Program

Japanese

Two MOL Vessels Enrolled in
Environmentally-Friendly Fuel Program

August 19, 2010

The environment and public health in New York and New Jersey stand to benefit as a result of yesterday's announcement by Mitsui O.S.K Lines (MOL; President Koichi Muto) that it has voluntarily enrolled two of its vessels, the MOL Endowment and MOL Experience, in the Port Authority of New York and New Jersey Ocean Going Vessel Low Sulfur Fuel program. MOL is one of the first ocean carriers to enroll in the Low Sulfur Fuel program, and is the first of the Japanese carriers to do so.

The program provides incentives to operators of ocean vessels to utilize low-sulfur fuel in their main propulsion and auxiliary engines instead of bunker fuel known as Intermediate Fuel Oil 380. Switching to low-sulfur fuels reduces emissions of fine particles as well as carbon dioxide, nitrogen oxides, and nitrous oxide and contributes to the improvement of the environment.

Although MOL will incur an incremental cost as a result of using the more expensive Low Sulfur Marine Fuel instead of Intermediate Fuel Oil 380, the company determined the program is worth the investment.

"MOL saw the program as an opportunity to maintain our commitment as a responsible corporate citizen and to increase efforts in implementing our environmental policy," said Toshiya Konishi, Chief Operating Officer, MOL Liner. "MOL is committed to protecting the health of our marine/global environment and we seek to reduce the burden on the environment by setting and achieving tough voluntary environmental standards. We offer our thanks to the Port Authority for establishing the Low Sulfur Fuel program."

For further information about MOL's environmental policies, please see the carrier's CSR/Environment website at www.mol.co.jp/en/csr. For further information about the low sulfur fuel program, please see the Port Authority of New York and New Jersey website at www.cleanfuelincentive.org.

  • Press Release
    • 2022
    • 2021
    • 2020
    • 2019
    • 2018
    • 2017
    • 2016
    • 2015
  • About MOL
  • Corporate Profile
  • Corporate Mission
  • Directors, Auditors and Executive Officers
  • Organization
  • History
  • Location
  • MOL Group
  • Corporate Brochure/Video
  • MOL Services
  • Dry Bulkers
  • Tankers
  • Wind Power Energy Business
  • LNG Carriers
  • Offshore Business
  • Car Carriers
  • Ferries and Coastal RoRo Vessels
  • Containerships
  • Terminal
  • Logistics
  • Cruise Ship
  • Tugboat
  • Sustainability
  • Sustainability Management
  • Safety & Value
  • Environment
  • Human & Community
  • Innovation
  • Governance
  • External Recognition
  • Sustainability Data
  • GRI STANDARDS INDEX
  • MOL Report (to IR Library)
    Safety, Environmental and Social Report (Back Issues)
  • Investor Relations
  • Management Policy
  • Financial Information
  • IR Library
  • Share & Corporate Bond
  • IR Event Calendar
  • FAQ
  • Contact IR Office
  • IR Email Updates
  • Disclamer

Press Release

Contact Us

  • Privacy Protection Policies
  • Terms of Use
  • Sitemap

Copyright 1997- © Mitsui O.S.K.Lines All rights reserved.

PAGE TOP