| Action Plan |
2017 Results |
| KPI targets: Reduce GHG emissions by 2% per unit load every year in comparison with the previous year. |
FY2017 CO2 emissions per unit load increased by 1.1% from FY2016. This was mainly due to the scale-down of the Capesize bulker fleet and the increased proportion of Panamax bulkers. |
| 1. Promote use and innovation of technologies for reducing environmental impact and advanced support technologies for safer vessel operation through the "ISHIN NEXT- MOL SMART SHIP PROJECT-." |
- Adopted low-friction hull paint.
- Promoted adoption of energy-saving equipment (energy-saving governors: 19 vessels; electric variable injection timing (VIT) systems: 7 vessels; energy-saving autopilot: 11 vessels, etc.), identified new energy-saving equipment, selected candidate vessels.
- Continuing demonstration test of Variable Phase Cycle (VPC). Basic design for demonstration equipment of Organic Rankine Cycle (ORC) is under study.
- Adoption of a system to supply onboard power on shore during berthing is under study.
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| 2. Participate in projects to build vessels that run on alternative fuels such as LNG and supply alternative fuels. |
- Signed deal with shipyard for delivery of LNG-fueled tugboat in April 2019. Developed an LNG bunkering-related operation manual.
- Completed a study on the basic design and economic feasibility of a 200,000-ton bulker in "Green Corridor," an LNG-fueled iron ore carrier joint study program.
- Construction of LNG-fueled vessels for power companies, automakers, etc. is under study.
- Signed long-term charter contract for an LNG bunkering vessel with Total.
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| 3. Reduce greenhouse gas emissions by using ICT to optimize sailing even further. |
- Optimization of draft and trim.
- Saved fuel by expanding use of Fleet Monitor equipment, discussed specifications for a navigation analysis system.
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| 4. Utilize renewable energy such as wind and solar power for vessel propulsion and at Group-related facilities in Japan and overseas. |
Began selecting a vessel to be equipped with sails for the Wind Challenger project. |
| 5. Create environment and emission-free businesses. |
Reduced GHGs by promoting the switch from heavy oil to LNG through expansion of the FSRU business. |
| 6. Investigate emissions trading as a way to achieve greenhouse gas reduction targets. |
Collected information on trends in emissions trading in Japan and overseas. |
| 7. Respond appropriately and proactively to air pollution prevention and the Ballast Water Management Convention. |
- Established a policy to respond to SOx regulations and to install SOx scrubbers, in advance of tightening SOx regulation effective in 2020. Selected vessels to equip with SOx scrubber as part of these preparations.
- Announced plans to equip with exhaust gas recirculation (EGR) for main engine and install selective catalytic reduction (SCR) on power generators in response to IMO's NOx regulation Tier 3.
- Progress of MOL chartered vessels equipped with ballast water treatment systems: 45.1% (already installed on 114 vessels). Internally shared information on manufacturers' evaluations, problems, etc.
- Collected regulatory information and alerted vessels in services to respond to changing biofouling management regulations in various nations.
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| 8. Promote modal shift in transportation by enhancing the ferry and coastal shipping business in Japan. |
Expanded space by launching larger-size newbuilding ferries and launching additional vessels to boost operating efficiency. |
