Ocean Shipping's Impact on the Environment
Compared to other modes of transport, ocean shipping can transport larger volumes of cargo at once and is a generally environment-friendly mode, with lower emissions per unit load of CO2 and other air pollutants.
However, with growth of the world economy spurred by the development of emerging markets, overall world ocean cargo traffic continues to increase. Seaborne trade has exceeded 10 billion tons, and we anticipate further increases in the future. As seaborne trade increases, CO2 emissions will rise in step with growing energy consumption. This can exacerbate pressing environmental issues such as increase of typhoon which may cause the port delay or suspension of ferry service. CO2 emissions from merchant vessels account for about 2% of global emissions, and the shipping industry must do more to protect the environment. MOL strives to control emissions of pollutants through initiatives such as the adoption of advanced technologies and slow steaming. We will proactively promote the adoption of technologies to reduce our environmental impact through the "ISHIN NEXT - MOL SMART SHIP PROJECT -" launched FY2016. We are also committed to entering environmental business areas such as renewable energy and develop them as a core business in the future.
CO2 emissions (global warming)
- Fuel consumption reductions(ECO SAILING)*1
- Technology development(Senpaku ISHIN, Power Assist Sail)*1
NOx emissions / SOx emissions (atmospheric pollution)
- Fuel consumption reduction*2
- Technology development(NOx-reducing SCR, SOx scrubber, DPF*, etc.)*2
* PM (particulate matter) reduction system
Oil pollution / On-board waste (Ocean pollution)
- Proper treatment*3
Ballast water / Organisms on vessels (Biodiversity)
- Technology development(ballast water treatment system*4 / paint*5, etc.)
Refer to this environmental data compilation for information on MOL CO2 emissions.