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Decarbonisation

MOL and ITOCHU to promote use of Environmental Attribute Certificates

MOL will leverage its strengths in marine transport through the use of low-carbon bunker fuels, while ITOCHU will draw on its expertise in adopting sustainable aviation fuel.

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MOL and ITOCHU to promote use of Environmental Attribute Certificates

Mitsui OSK Lines (MOL) on Friday (9 January) announced the signing of a memorandum of understanding (MOU) for a strategic partnership with ITOCHU Corporation (ITOCHU) to advance decarbonisation in the transportation sector through the use of Environmental Attribute Certificates (EACs). 

Through this MOU, both companies will collaborate in marketing, public relations, sales, and other areas to promote the adoption of EACs, helping companies using transportation services reduce their Scope 3 emissions. 

By forming a cross-industry partnership between shipping and aviation, this initiative represents a new model for decarbonisation in Japan.

As part of this initiative, both companies, in their capacity as users of maritime and air transport, have engaged in mutual trading of EACs to reduce their respective Scope 3 emissions as follows:

  • MOL purchased “air transport (air travel and freight)” EACs issued by ITOCHU to reduce GHG emissions associated with its employee air travel (Scope 3 Category 6).
  • ITOCHU purchased “maritime transport (sea freight)” EACs issued by MOL to reduce GHG emissions associated with its use of maritime transport (Scope 3 Category 4).

MOL and ITOCHU to promote use of Environmental Attribute Certificates

This transaction was executed through the platform provided by 123Carbon in the Netherlands. Operating under a robust audit framework, the platform centrally manages the issuance, transfer, storage, and retirement of EACs. It ensures traceability and reliability of transactions while maintaining high transparency in accordance with global standards.

MOL said reducing Scope 3 emissions-which represent a significant share for many companies- is an unavoidable challenge in advancing climate change response. 

One of key barriers is the difficulty of ensuring traceability, given the complexity of supply chains. MOL will leverage its strengths in marine transport through the use of low-carbon marine fuels, while ITOCHU will draw on its expertise in adopting sustainable aviation fuel (SAF). 

Through this collaborative effort in the shipping and aviation sectors, the two companies will establish a framework to support transportation service users in reducing their Scope 3 emissions. Together, they are committed to advancing decarbonization across the broader transportation supply chain through this partnership.

 

Photo credit: Mitsui OSK Lines
Published: 12 January, 2026

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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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July 21, 2026

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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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July 21, 2026

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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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July 21, 2026

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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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