The Novum Times

Tag: MOL

  • MOL and compatriot Cosmo Oil team up on CO2 shipping

    MOL and compatriot Cosmo Oil team up on CO2 shipping

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    [ad_1] Japanese shipping giant Mitsui OSK Lines (MOL) has joined forces with fellow energy firm Cosmo Oil to explore shipping opportunities for carbon dioxide. Under a memorandum of understanding, the duo will study ocean transport with the goal of establishing a CO2 capture and storage (CCS) value chain. The partners will outline the specifications of…

  • Petronas, MISC and MOL to develop liquified CO2 carrier venture 

    Petronas, MISC and MOL to develop liquified CO2 carrier venture 

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    [ad_1] MOL Malaysian energy giant Petronas, along with its shipping arm MISC, has signed a term sheet with Japan’s Mitsui OSK Lines (MOL) to create a joint venture to develop liquified carbon dioxide (LCO2) carriers for carbon capture and storage projects around Malaysia.  The three parties have been working on LCO2 carrier designs for many…

  • MOL tipped for LNG order at Hanwha Ocean

    MOL tipped for LNG order at Hanwha Ocean

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    [ad_1] MOL Japanese shipowner Mitsui OSK Lines (MOL) has been tipped by brokers to be behind an order for an LNG carrier newbuild at South Korean shipbuilder Hanwha Ocean earlier this week. A deal worth nearly $260m is the first LNG carrier order for the shipyard since rebranding from Daewoo Shipbuilding and Marine Engineering (DSME)…

  • MOL and Chevron look to slash carbon intensity of marine fuels

    MOL and Chevron look to slash carbon intensity of marine fuels

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    [ad_1] Japanese shipping giant Mitsui OSK Lines (MOL) has joined forces with Chevron Singapore to jointly develop marine fuels with lower carbon intensity. The partnership will see joint studies carried out on next-generation fuels in various regions around the world including safety measures and legislation for lower-carbon efforts in the marine fuels sector. “Chevron aims…

  • MOL buys into American FLNG specialist 

    MOL buys into American FLNG specialist 

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    [ad_1] Japanese shipowning big Mitsui OSK Strains (MOL) is bolstering its place within the floating LNG sector, shopping for into America’s Delfin Midstream. As a part of the settlement, MOL will make an unspecified funding in Delfin and a MOL consultant will be a part of Delfin’s board. “We’re excited to enter into this strategic…

  • MOL pushes ahead with ammonia-fuelled gas carrier

    MOL pushes ahead with ammonia-fuelled gas carrier

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    [ad_1] Japanese shipowner Mitsui OSK Strains (MOL) and compatriot yards Tsuneishi Shipbuilding and Mitsui E&S Shipbuilding have delivered on the undertaking launched final 12 months to develop an ammonia-powered fuel provider. The 40,000 cu m ship, which may carry ammonia and liquefied petroleum fuel (LPG), has obtained approvals in precept (AiPs) from ClassNK and Lloyd’s…