- MOL has joined the e-NG Coalition, an international alliance promoting e-methane development to decarbonize the shipping industry.
- With MOL’s addition, the e-NG Coalition now comprises 20 companies dedicated to advancing e-methane as a sustainable marine fuel.
- Leveraging its LNG transport expertise, MOL aims to establish an international e-methane supply chain to reduce shipping’s environmental impact.
Mitsui O.S.K. Lines (MOL) has joined the e-NG Coalition, an international alliance that aims to accelerate the development and use of e-methane to accelerate the decarbonization of shipping industry.
With the addition of MOL, the total number of participating companies of the e-NG alliance has increased to 20.
Through its participation in the alliance, MOL will establish an international supply chain for next-generation fuels and accelerate its initiatives to reduce the environmental impact of the shipping industry.
Achieve carbon-neutral society through e-methane
The e-NG Coalition aims to achieve a carbon-neutral society through the practical application of e-methane by promoting the development of appropriate assessment criteria and systems for environmental values and strengthening collaboration among companies involved throughout the value chain.
E-methane, which is synthesized from CO2 and hydrogen, is attracting attention as a next-generation fuel with low environmental impact that can be used in existing LNG-fueled vessels.
In addition to using carbon-neutral e-methane as marine fuel, MOL will contribute to the broader use of e-methane and the establishment of a value chain by developing a synthetic fuel supply chain, backed by its extensive know-how in LNG transport, accumulated over the past four decades, as well as expertise in ocean transport of liquefied CO2.
E-methane is expected to be adopted on a global scale as a sustainable and realistic approach to carbon neutrality that can be used with currently available LNG infrastructure.
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Source: MOL