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Singapore: MOL joins GCMD as impact partner to accelerate maritime decarbonisation

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MOL will utilise its expertise and contribute through its participation in GCMD’s projects, including providing access to vessels and data and evaluation reports for future trials.
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The Global Centre for Maritime Decarbonisation (GCMD) and Mitsui O.S.K. Lines, Ltd. (MOL) on Tuesday (8 August) announced the signing of a five-year Impact Partnership agreement. 

On the same day, both parties held a signing ceremony at the GCMD office in Singapore.

As an Impact Partner of GCMD, MOL will utilise its expertise developed over their long history and make various contributions and collaborations through its participation in GCMD’s projects, including providing access to vessels, operating data and evaluation reports so that internal learnings can be shared publicly and used for future trials.

Professor Lynn Loo, CEO of the Global Centre for Maritime Decarbonisation, said: ”We are proud to have MOL, one of the leading shipowners in Japan, come onboard as an Impact Partner. We are excited to tap on MOL’s track record in developing technical energy efficiency measures to broaden our perspective as we scope an initiative to help increase industry adoption of measures that can increase fuel efficiency of ships.”

Toshiaki Tanaka, Representative Director, Executive Vice President Executive Officer, and Chief Operating Officer of MOL, said: “We are very pleased to be a partner of one of the  most important global coalitions. We will make our biggest effort to contribute and accelerate progress towards the net zero future in the maritime industry, together with GCMD and all its partners.”

Related: Singapore: OSM becomes first Greek ship owner to join hands with GCMD as impact partner
Related: Singapore: MSC signs partnership deal with GCMD to help shipping decarbonise
Related: Singapore: GCMD and Hapag-Lloyd enter decarbonisation partnership

 

Photo credit: Mitsui O.S.K. Lines
Published: 10 August, 2023