In Chile, HIF Global announced a strategic investment by Mitsui O.S.K. Lines to support the expansion of e-Fuels projects in the United States, Australia, Chile, and Uruguay. The amount of the investment by MOL was not disclosed. MOL’s investment is part of HIF Global’s $220 million equity funding raised in 2024. The collaboration adds to […]
In Japan, Mitsui O.S.K. Lines, in partnership with the Global Centre for Maritime Decarbonization and Yara Clean Ammonia, has successfully completed an ammonia ship-to-ship transfer trial of 4,000 cubic meters of ammonia between MOL’s LPG/ammonia carrier Green Pioneer and Navigator Gas’s Navigator Global at the Port of Dampier, Australia. The operation was designed to simulate […]
In Japan, Mitsui O.S.K. Lines (MOL) announced Japan’s first sustainability-linked lease agreement with Tokyo Century Corporation through its subsidiary MOL Chemical Tankers for the chemical tanker BONITA ANA. The lease agreement includes performance targets that, when met, will reduce lease payments, linking financial benefits to environmental achievements. Tokyo Century’s framework, utilizing a Japanese Operating Lease […]
In Japan, Mitsui O.S.K. Lines announced the signing of a memorandum of understanding (MOU) on the joint development of a synthetic fuel (e-fuel)/synthetic methanol (e-methanol) supply chain including CO2 marine transport with Idemitsu Kosan and HIF USA LLC and HIF Asia Pacific Pty Limited, subsidiaries of HIF Global, a global producer of synthetic fuels/synthetic methanol. […]
