June 02, 2025
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that on May 30, the Kohzan Maru VII (Note), a newbuilding methanol dual-fuel methanol carrier, was delivered at HD Hyundai Mipo (HMD; President: H.K. Kim, Headquarters: Ulsan, South Korea). The Kohzan Maru VII will serve Mitsubishi Gas Chemical Company, Inc. (MGC; President and Representative Director: Yoshinori Isahaya; Headquarters: Chiyoda-ku, Tokyo) under a long-term charter by MOL from Eifuku Kaiun Co., Ltd. (President: Takumi Watanabe, Head Office: Kure City, Hiroshima Prefecture).
On May 23, before the vessel's delivery, a naming ceremony took place at HD Hyundai Mipo, where MGC Chairman Masashi Fujii officially christened the vessel "Kohzan Maru VII". She is the first methanol dual-fuel ocean-going vessel to sail under a long-term chartered by a Japanese charterer. Back in 1983, MOL and MGC introduced Japan's first methanol dedicated carrier, the "Kohzan Maru", pioneering safe and efficient marine transport of methanol. Building on the expertise gained from the first-generation Kohzan Maru, Kohzan Maru VII will advance the use of sustainable methanol by utilizing it as her marine fuel, as well as transporting environmentally sustainable methanol derived from renewable resources by MGC.
MOL and MGC, who had been persuing the industry-leading maritime transportations to meet evolving needs, will strengthen their leadership in driving the transition toward a carbon-neutral society through the operation of Kohzan Maru VII.
MOL has established the "MOL Group Environmental Vision 2.2," and aims to achieve net zero greenhouse gas (GHG) emissions by 2050. It is pursuing the adoption of clean alternative fuels to achieve this target, and the company set a target of 90 LNG/methanol-fueled vessels in service by 2030.
MOL operates one of the world's largest fleets of methanol dedicated vessels, with a total of 19 vessels. Since the delivery of the world's first methanol dual-fuel vessel in 2016, a total of eight of those vessels, including the Kohzan Maru VII, have been ordered. Drawing upon its extensive expertise, MOL aims to further expand its methanol dual-fuel fleet as it works toward the achievement of net-zero emissions.
<Specifications of the Kohzan Maru VII>
Deadweight tonnage | 47,960 tons |
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Maine engine | Hyundai-MAN B&W 6G50ME-C9.6-LGIM-EGRBP |
(Note) The vessel was announced in a press release dated May 19, 2023: MOL and Mitsubishi Gas Chemical Sign Basic Agreement on Long-term Charter for Newbuilding Dual-fuel Methanol Carrier.
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 "Safety & Value -Provide added value through safe transportation and our social infrastructure business- ", "Environment -Conservation for Marine and global environment-" and "Innovation -Innovation for development in marine technology- ".