Mitsui O.S.K. Lines (MOL) and Pyxis Maritime Pte Ltd. have agreed to collaborate on the development and marketing of electric vessels in the Singapore region and Japan. This partnership aims to promote zero-emission shipping solutions, reports MOL.
Interweaving Knowledge
MOL Group has positioned its environmental strategy as one of the key strategies in its “BLUE ACTION 2035” management plan and is the first company in the Japanese ocean shipping industry to set the target of achieving net zero GHG emissions by 2050. As part of our joint efforts with Pyxis, we will work to introduce clean energy. Through this cooperative relationship, the two companies plan to engage the industry and their respective stakeholders, interweave their knowledge, and implement strategic initiatives for decarbonization while closely monitoring the adoption of environmental regulations.
“I am pleased to conclude the MOU with Pyxis, which is committed to the introduction and expansion of EV vessels in Singapore. We believe this memorandum will be an important step for both companies to make a significant change in the shipping industry. Promoting the introduction of EV vessels to solve environmental issues will be one way. We believe cooperation with partners who has same ambition and trustworthy is essential to achieve that.” said Nobuo Shiotsu, Senior Managing Executive Officer of MOL.
“We are honored to partner with MOL, a global leader in the shipping industry. With the sustainability movement disrupting maritime businesses, efforts to decarbonize have become necessary to stay competitive. Our mission is to ease and boost mass adoption of EVs in the region. Together with MOL, we are confident in expanding our outreach into Japan which is one of our key markets,” said Tommy Phun, Pyxis Founder.
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Source: MOL
