Mitsui O.S.K. Lines Wins the World LNG Shipping Award 2024

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  • MOL’s Commitment to Decarbonization Earns Prestigious Award.
  • MOL Executive Officer Discusses LNG’s Role in Low-Carbon Future.
  • World LNG Summit Highlights Key Trends and Innovations in Energy.

Mitsui O.S.K. Lines (MOL) has been given the World LNG Shipping Award 2024. The World LNG Summit took place in Berlin, Germany, from December 9-12, 2024. This award honours MOL’s outstanding contribution to the LNG industry through both commercial and technological innovations, reports MOL.

MOL Commended for Its LNG Shipping Leadership

MOL has been selected as a finalist in two categories: World Energy Transition Award 2024 and World LNG Shipping Award 2024. It is a testament to the company’s leadership in the LNG shipping sector. The award was secured through MOL’s extensive experience in the LNG carrier business, coupled with its world-leading LNG fleet and advanced technology.

Commitment to Decarbonization and Environmental Innovation

MOL was particularly recognized for its commitment to decarbonization and sustainable practices. The company has been promoting LNG as a marine fuel and introducing environmentally friendly systems, such as the Wind Challenger wind propulsion system. These efforts demonstrate MOL’s dedication to reducing emissions and advancing environmentally conscious technologies in the maritime industry.

MOL’s Executive Officer Shares Insights at the Summit

Immediately after the prizegiving ceremony, MOL’s Executive Officer, Suryan Wirya-Simunovic, was a panellist at the summit to address the outlook of the LNG industry and the industry’s importance in leading society to a low-carbon and de-carbonized one. Long-term commitment to the energy transition in LNG transportation, infrastructure, liquefaction, storage, regasification, and even power generation can be considered one of the indicators showing that MOL will further continue its growth.

World LNG Summit: Key for LNG Industry

The World LNG Summit takes place every year and is among the most important events for the global energy industry. It gathers representatives from the industry, policymakers, and energy providers. Held this year in Berlin, this 2024 forum gave the opportunity to explore all the latest trends and trends of LNG, especially towards a more sustainable future and worldwide energy transition.

Overview of World LNG Shipping Award

The World LNG Shipping Award is bestowed upon companies that have made the most significant contributions to the LNG shipping value chain. The award recognizes technological and commercial innovations focused on reducing shipping emissions and accelerating the sector’s journey toward carbon neutrality. It also highlights contributions to the development of maritime education within the LNG transport industry.

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Source: MOL