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MOL and partners to boost fuel efficiency of MOL Group-operated vessels

28 Sep 2022

Mitsui O.S.K. Lines, Ltd. (MOL), MOL Techno-Trade, Ltd. (MOLTT), and Akishima Laboratories (Mitsui Zosen) Inc. on Tuesday (27 September) said they have formed a strategic partnership to explore the usage of various Energy-Saving Devices (ESDs) to improve fuel efficiency of MOL Group-operated vessels and minimise vessels’ greenhouse gas (GHG) emissions.

With the technology playing an increasingly critical role in every aspect of the business, MOL Group said it recognises the need to accelerate its operational development through capitalising in various ESDs and technology deployment to its MOL Group-operated vessels to drive successful transformation translated into and improved fuel efficiency and reduction of GHG emissions in the most effective and immediate manner.

Through this partnership, leveraging the synergy of the collective strengths of the three companies— MOL’s FOCUS project, MOLTT’s technical resources backed by a wide and rich range of ESDs marketing and effectiveness verification experiences  and Akishima Laboratories (Mitsui Zosen)’s dedicated to marine technology research and engineering expertise. 

A special task force was set up, consisting of about 30 project specialists from the three companies, who will pursue fuel efficiency and further reduce GHG emissions from vessels immediately. The partnership has set a clear target to achieve a 5% improvement in fuel efficiency (i.e. compared to FY2019) by end of FY2024 through synergistic collaborations with EcoMOL Inc. , which was established in the Philippines in May, with the goal of promoting vessel operating efficiency.

The partner companies will comprehensively examine the different characteristics and conditions of every vessel, and combine 18 different types of measures, encompassing optimal trim, advanced low friction and antifouling paint usages, optimal propeller retro-fittings, best ESD combinations studies, and introduction of various energy-saving technologies and equipment in a timely manner. In addition, the scope will expand to each vessel’s optimal maintenance revision not limited to dry- docking maintenance but also other timings such as during berthing/anchoring so that the companies can utilise every opportunity to improve vessels performance.

Furthermore, the companies will expand their projects in an effective and systematic manner through conducting highly accurate analysis, validation of the effects, and continuous improvements in line with the PDCA cycle, utilising highly granular operational big and rich data which is readily available from the equipment already installed to vessels in the FOCUS project  and steering an engineering-based approach.

 

Photo credit: Mitsui O.S.K. Lines, Ltd.

Published: 28 September, 2022

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