Woody biomass in MOL's focus
MOL is planning to procure a newbuilding Panamax bulker to transport woody biomass for energy as its main cargo, especially by power companies in Japan. The new vessel’s specifications are in pre-compliance with the energy efficiency design index (EEDI), the environmental regulations that will be adopted in 2025.
The specifications also call for reinforced mooring equipment, amongst others. It is slated for delivery at Oshima Shipbuilding, Nagasaki Prefecture, in 2023.
The MOL power solution & carbon project division is in charge of the business operation for the newbuilding vessel, provision of transport plans, and ship operation. The division was established this April to offer solutions for decarbonisation in addition to transporting conventional fuels. (cd)