MOL Sign LNG Supply Basic Agreement for 2 New LNG-Fueled Ferries

by Admin
mol sign supply of lng for 2 new ferries

Signing LNG Supply Basic Agreement for 2 New LNG-Fueled Ferries on Oarai-Tomakomai Route,
Further Promotion of LNG-Fueled Ferries for Low-Carbonization of Marine Fuel

Mitsui O.S.K. Lines, Ltd. (MOL), MOL Ferry Co., Ltd. (MOL Ferry), Japan Petroleum Exploration Co., Ltd. (JAPEX) and Hokkaido Gas Co., Ltd. (Hokkaido Gas) today jointly announce that basic agreements were signed between MOL and JAPEX, and between MOL and Hokkaido Gas for supply of LNG fuel to two newbuilding LNG-fueled ferries in each port on the Oarai-Tomakomai route operated by MOL Group company MOL Ferry.

The LNG fuel supply is scheduled to start in 2025, when the ferries will enter service. JAPEX will supply LNG fuel to the ferries at the Port of Oarai in Ibaraki Prefecture, and Hokkaido Gas will supply it at the Port of Tomakomai in Hokkaido respectively through the Truck to Ship method. The LNG supply system uses a skid that connects the vessel to four tanker trucks simultaneously. This speeds up the bunkering process, allowing the ferries to take on sufficient fuel even during their limited time in berth.

LNG fuel reduces carbon dioxide (CO2) emissions by about 25% compared to conventional fuel oil and is currently a viable measure for low-carbonization of marine fuel. The four companies will lead to promote LNG as marine fuel in Japan and contribute to reducing the environmental impact.

Source MOL Mitsui O.S.K.Lines