Mitsui O.S.K. Lines (MOL) and Enviva, have signed a memorandum of understanding agreement to develop and deploy an environmentally friendly bulk carrier, says a press release published on their website.
MoU signed
Enviva, a global energy company specializing in sustainable wood bioenergy, and Mitsui O.S.K. Lines (MOL), a leading global marine transport group, signed a memorandum of understanding agreement to develop and deploy an environmentally friendly bulk carrier.
Goal of the agreement?
The goal of the agreement is to reduce the greenhouse gas (“GHG”) emissions in the ocean transportation of sustainable wood pellets. In the initial stage, the partnership will explore the environmental benefits, commercial and operational feasibilities of various technologies.
Cargo ship with hard sail
This will include the “Wind Challenger”, a cargo ship design with a hard sail, which would reduce emissions by harnessing wind energy. MOL has been jointly studying the technology with cross-industrial partners.
Project to reduce greenhouse emissions
“Enviva is extremely excited to partner with MOL on this innovative project to reduce greenhouse gas emissions in our supply chain,” said Thomas Meth, Executive Vice President, Sales, and Marketing of Enviva. “In our recently announced goal of achieving net-zero greenhouse gas emissions by 2030, we committed to proactively engage with our partners and other key stakeholders to adopt clean energy solutions in our supply chain and this is one of the first opportunities for us to explore carbon reductions in our Scope 3 emissions”.
MOL has been a long-term shipping partner of Enviva, providing a consistently professional and reliable shipping service, and we look forward to our new level of partnership which will positively impact climate mitigation and reduce carbon emissions.
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Source: MOL lines
