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)
      • ESG Finance
    • Safety & Value
      Provide added value through safe transportation and the social infrastructure business
      • Safe Operation Management Structure
      • Cultivating a Safety Culture
      • Education and Training
      • Safe Operation Support System
      • Facilities and Equipment that Support Safe Operation
      • Safe Operation Supporting Yamal LNG Project
    • 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
      • Promotion of Diversity and Inclusion
      • Workstyle Reforms
      • 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 2021 > MOL and DSME succeed in Demonstration test of "Cryo-Powered Regas" System for FSRU - Reducing FSRU CO2 emissions by 50% -

Japanese

MOL and DSME succeed in Demonstration test of "Cryo-Powered Regas" System for FSRU
- Reducing FSRU CO2 emissions by 50% -

August 17, 2021

Mitsui O.S.K. Lines, Ltd. (MOL; head office: Tokyo, Japan; President & CEO: Takeshi Hashimoto) and Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME; head office: Geoje, Korea; President & CEO: Sung Geun Lee) have successfully carried out the demonstration test of the "Cryo-Powered Regas" (Note 1) System for FSRU (Note 2) at DSME's Okpo shipyard.

The role of an FSRU is to regasify -160°C liquified natural gas (LNG) through heat exchange. In the past, LNG's cold energy had not been utilized in FSRUs and was released. By installing the "Cryo-Powered Regas" System, such cold energy will be transferred to another heating medium, and the generated steam will be sent to a turbine to generate electricity, which results in reducing FSRU's fuel consumption and CO2 emissions.

A small-scale version of the "Cryo-Powered Regas" system was built in DSME's R&D premises. The turbine generator used in this system was designed and constructed by Mitsubishi Heavy Industries Marine Machinery & Equipment Co., Ltd. (head office: Nagasaki, Japan; President: Toshiaki Hori) specifically for the CPR System. Through this test, MOL and DSME verified that the system could successfully generate electricity up to its rated capacity. The result of this demonstration test confirms that through the utilization of the "Cryo-Powered Regas" System, fuel consumption and CO2 emissions of new generation FSRUs can be reduced by 50% at maximum rated regas flow rate (Note 3) compared to conventional existing FSRUs.

Introducing fuel efficient FSRUs with lower CO2 emission rates to the market is one of the initiatives "Enhancement of Energy-Saving Technologies" (Fig. 1) that MOL is pursuing towards the achievement of MOL Group Environmental Vision 2.1 (Note 4). The "Cryo-Powered Regas" System is ready for implementation in actual FSRU projects. MOL is already in discussions with multiple potential users and is confident in further promoting this system.

Caption: 3D Image of the Turbine Generator

(Note 1)
For details, please refer to the following press releases:
21 February, 2020 press release:
MOL Signs Joint Development Agreement with DSME for Environmental Friendly FSRU Technology | Mitsui O.S.K. Lines
3 March, 2020 press release:
MOL and DSME Obtain AIP for Design of FSRU "Cryo-Powered Regas" System - Development of New Technology to Reduce Environmental Impact - | Mitsui O.S.K. Lines

(Note 2)
Floating Storage Regasification Unit. A floating facility for storing and regasifying LNG, which is then pressurized and piped ashore.

(Note 3)
Equivalent to 500 mmscfd (million standard cubic feet per day)

(Note 4)
MOL Group Environmental Vision 2.1 | Environment | Sustainability | Mitsui O.S.K. Lines (disclosure.site)

(Fig. 1)


  • 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