Mitsui O.S.K. Lines (MOL) was honored with the esteemed World LNG Shipping Award 2024 at the World LNG Summit held in Berlin, Germany, from December 9 to 12. This recognition celebrates MOL’s decades of expertise in LNG transportation, its innovative approach to sustainability, and its firm commitment to advancing decarbonization efforts in the maritime sector.
During the summit, which is one of the energy industry’s most prestigious events, MOL was commended for its leadership in LNG shipping, particularly for operating the world’s largest LNG fleet. The company was also recognized for its forward-thinking use of technology, including its introduction of environmentally friendly systems like the Wind Challenger wind propulsion system, and for its consistent promotion of LNG as a marine fuel. MOL’s approach to reducing emissions and enhancing environmental performance was a key factor in securing the award.
At the awards ceremony on December 10, Suryan Wirya-Simunovic, MOL’s Executive Officer, expressed the company’s dedication to playing a pivotal role in the global transition to a low-carbon society. He highlighted MOL’s commitment not only to LNG transportation but also to expanding its involvement in gas liquefaction, storage, regasification, power generation, and the broader LNG infrastructure sector. MOL’s efforts are aligned with their sustainability objectives, which aim to contribute to the realization of a low-carbon future by building a comprehensive LNG supply chain.
MOL’s recognition follows its selection as a finalist for two categories at the World LNG Awards 2024, the World Energy Transition Award and the World LNG Shipping Award. The World LNG Shipping Award is specifically given to companies that have significantly advanced LNG shipping through technological innovations, emission reduction initiatives, and contributions to the global LNG transport sector. MOL’s work in these areas, particularly in shipping emissions reduction and development of innovative technologies, has been instrumental in the progression of the LNG shipping industry.
Suryan Wirya-Simunovic also participated in a panel discussion at the summit, where he shared his views on the LNG industry’s future role in achieving a decarbonized society. He emphasized the importance of continued investment in innovative LNG technologies and infrastructure as essential steps toward a sustainable energy future.
As MOL continues to innovate in LNG transportation and other related sectors, the company remains committed to achieving its sustainability goals. MOL’s dedication to sustainability is a core part of its corporate philosophy, reflected in its ongoing efforts to reduce environmental impact, enhance safety, and drive technological advancements. The World LNG Shipping Award 2024 further solidifies MOL’s position as a global leader in the LNG industry, setting new standards for innovation and sustainability in LNG shipping.
The World LNG Summit, which brings together key stakeholders from the LNG industry, serves as a vital platform for discussing the latest trends, challenges, and innovations in LNG, with a focus on energy transition and sustainability. The 2024 edition of the summit attracted prominent industry leaders and experts from around the world, highlighting the significance of MOL’s achievement in shaping the future of the global LNG market.
About Mitsui O.S.K. Lines, Ltd. (MOL)
MOL is a global leader in shipping, operating over 800 ships worldwide. Its diverse fleet includes bulk carriers, liquefied natural gas carriers, Ro-Ro car carrier ships, and oil tankers, among others. Beyond traditional shipping, MOL also engages in social infrastructure businesses, including real estate, terminal and logistics, and offshore wind power. With one of the largest merchant fleets and 140 years of history, MOL aims to be a resilient corporate group that provides new value to all stakeholders.
Source Mitsui O.S.K. Lines