Mitsui Inks An Agreement With Vale International

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Takeshi Hashimoto Mitsui (President & CEO: O.S.K. Lines, Ltd. (MOL) announced that it has reached an agreement with Vale International SA to conduct a joint study on the installation of a “Rotor Sail” wind propulsion system on a 200,000-ton class in-service bulk carrier that primarily transports iron ore for steel production as reported by MOL.

GHG reduction 

The idea is to lower the vessel’s greenhouse gas (GHG) emissions while it’s on the move. The Rotor Sail produces propulsive force as the wind generates differential pressure around the slewing rotor while the vessel is underway. 

It offers high efficiency because the natural energy of the wind directly propels the vessel rather than being converted into electricity, for example. 

The joint study team will examine and verify the number of Rotor Sails to be installed and the effect of GHG reduction, working closely with Anemoi Marine Technologies Ltd (Anemoi), the manufacturer of the Rotor Sail. Anemoi, based in the U.K., installed the world’s first Rotor Sail on a newbuilding Ultramax bulk carrier in 2018.

Environmental vision

The MOL Group is implementing five initiatives to realize the mid-to-long-term targets set out in the “MOL Group Environmental Vision 2.1”.

Including this opportunity, we will pursue one of the initiatives “Enhancement of Energy-Saving Technologies” and continually strive to reduce GHG emissions in cooperation with leading companies in various industries, with the goals of “Achieving net-zero GHG emissions by 2050.”

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Source: MOL