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Alternative Fuels

Mitsui O.S.K. Lines doubles three-year decarbonisation investment to USD 3.5 billion

Firm is also investing in green ammonia as a key carbon-free bunker fuel source, but foresees ammonia supply issues due to import limitations.

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MOL Ammonia Powered

Japanese maritime shipping company Mitsui O.S.K. Lines (MOL) will double investments in decarbonisation efforts to the order of 400 billion yen (USD 3.5 billion) over three years compared with previous plans, President Takeshi Hashimoto said in an early November interview with Nikkei Asia.

MOL earlier aimed to invest a total of 200 billion yen (USD 1.7 billion) in greener technologies through March 2024. But the three-year spending will now rise by between 100 billion yen (USD 8.7 billion) and 200 billion yen (USD 1.7 billion) thanks to a significant increase in free cash flow from the global shipping boom, Hashimoto said.

Strong demand for shipping services “has given us more freedom on management decisions,” he said.

The increased investment will enhance Mitsui O.S.K.’s adoption of liquefied-natural-gas-(LNG) powered vessels; the company plans to launch 90 LNG-powered vessels by 2030 and announced in August an order for four car carriers.

Mitsui O.S.K. is meanwhile also investing in green ammonia as a key carbon-free bunker fuel source but foresees ammonia supply issues due to import limitations for Japanese shipping companies.

“We don’t have enough volume to use ammonia to fuel ships,” Hashimoto said, as quoted by Nikkei Asia.

“We can’t afford to wait for somebody else to produce the material.”

The company will consider producing and exporting ammonia derived from natural gas.

“We will look into ammonia-related mergers and acquisitions as well,” Hashimoto said.

Related: Mitsui O.S.K. Lines to start development of ammonia-fuelled large-size carrier
Related: Mitsui O.S.K. Lines, MAN Energy Solutions, Mitsui E&S Machinery in MOU for ammonia fuelled engine
Related: Mitsui O.S.K. Lines deepens investment of methanol as bunker fuel; acquires 40% of Methanex

 

Photo credit: Mitsui O.S.K. Lines
Published: 30 November, 2021

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Nuclear

ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

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ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

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