Mitsui O.S.K. Lines,Ltd (MOL) has actually ended long-lasting charter agreements for 2 methanol-fueled, methanol providers with Waterfront Shipping Company Limited (WFS). The vessels will certainly be furnished with dual-fuel engines that can operate on eco-friendly methanol or standard gas oil. They are slated for distribution at Hyundai Mipo Shipyard (South Korea) in 2021 and also 2023 and also will certainly move methanol for WFS.

MOL possesses 3 methanol providers furnished with dual-fuel engines-the Taranaki Sun, which was supplied in 2016 and also was the globe’s initial methanol provider with a methanol-fueled engine, the Manchac Sun, and also theCajun Sun All 3 vessels are under long-lasting charter agreements for WFS.

The 2 brand-new vessels will certainly be MOL’s 4th and also 5th methanol-fueled ships hired to WFS, that makes MOL proprietors of among the globe’s biggest methanol-fueled fleet. The brand-new vessels will certainly be taken care of by a MOL Group firm, MOL Tankship Management Pte Ltd (MOLT), which will certainly utilize its experience and also expertise in the monitoring of methanol-fueled vessels to supply efficiency and also ecological advantages.

Image Credits: mol.co.jp

Methanol is an environmentally-friendly gas and also, contrasted to hefty oil, it substantially lowers nitrogen oxide (NOx) exhausts and also practically gets rid of exhausts of sulfur oxide (SOx). The brand-new vessels additionally satisfy ecological policies such as NOx Tier III needs developed by the International Maritime Organization (IMO).

Leveraging its collected experience as one of the globe’s biggest methanol provider owner/operators, MOL is functioning to more broaden its methanol transportation solutions by fulfilling a wide variety of client demands.

The MOL Group addresses today’s essential ecological concerns in its Environmental Vision 2.0 and also intends to accomplish lasting net-zero GHG exhausts by offering its group-wide toughness, while remaining to take a positive strategy to lowering the ecological effect of its company tasks.

(Note 1) About Waterfront Shipping
Waterfront Shipping, a wholly-owned subsidiary of Methanex Corporation (President & & Chief Executive Officer: John Floren), is an international aquatic transport firm focusing on the risk-free, accountable and also trusted transportation of mass chemicals and also tidy oil items to significant worldwide markets in North America, Asia Pacific, Europe and alsoLatin America Waterfront Shipping runs the globe’s biggest methanol sea vessel fleet with its fleet making up vessels from 3,000 to 50,000 deadweight tonnes. Its fleet of 30 contemporary, deep sea vessels develops a smooth transport network committed to maintaining an undisturbed circulation of methanol transferring to storage space terminals and also clients’ plant websites worldwide.

Reference: mol.co.jp