Mitsui O.S.K. Lines

Toyoda Gosei’s High-Pressure Hydrogen Tank to be Used on Passenger Ship

Retrieved on:

Tuesday, April 2, 2024

Toyoda Gosei Co., Ltd. (TOKYO:7282)’s high-pressure hydrogen tanks are being used on a passenger ship* powered by hydrogen and other environmentally-friendly energy.

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Toyoda Gosei Co., Ltd. (TOKYO:7282)’s high-pressure hydrogen tanks are being used on a passenger ship* powered by hydrogen and other environmentally-friendly energy.
These large hydrogen tanks employ the hydrogen storage technology developed by Toyoda Gosei and Toyota Motor Corporation for the MIRAI fuel cell vehicle, which previously have used mainly on trucks and other commercial vehicles.
View the full release here: https://www.businesswire.com/news/home/20240401821382/en/
Large high-pressure hydrogen tank (Photo: Business Wire)
The use of hydrogen is promising for all forms of mobility, from automobiles to motorcycles, vessels, and railways.
* The HANARIA passenger vessel is equipped with both hydrogen fuel cells and biodiesel fueled generators.

HIF Global, Idemitsu Kosan and MOL co-operate to develop eFuels supply chain

Retrieved on:

Monday, March 18, 2024

Carbon, Idemitsu Kosan, Sale, MOL, Transport, Mitsui O.S.K. Lines, Senior, CO2, Hydrogen, Oxygen, Water, Renewable energy

SYDNEY and TOKYO and HOUSTON, March 18, 2024 /PRNewswire/ -- HIF Global, the world´s leading eFuels company, Idemitsu Kosan, the Japanese petroleum company and Mitsui O.S.K. Lines, Ltd. (MOL), the international shipping company, today announce an agreement to develop an eFuels supply chain between HIF facilities and Japan.

Key Points:

Companies to initiate supply chain of eFuels from HIF projects in USA, Australia and Chile to Japan, and CO2 from Japan to HIF facilities
SYDNEY and TOKYO and HOUSTON, March 18, 2024 /PRNewswire/ -- HIF Global , the world´s leading eFuels company, Idemitsu Kosan, the Japanese petroleum company and Mitsui O.S.K.
Lines, Ltd. (MOL), the international shipping company, today announce an agreement to develop an eFuels supply chain between HIF facilities and Japan.
Hiroshi Tanaka, General Manager (Carbon Neutral Transformation Department) of Idemitsu Kosan said: "As part of our commitment to sustainability, Idemitsu is actively working towards establishing a robust supply chain for eMethanol and eFuels.
Lines is pleased to be working with HIF Global and Idemitsu Kosan to develop a value chain for CO2, synthetic fuel, and synthetic methanol, contributing to decarbonization throughout the lifecycle.

MOL Chooses Informatica's AI-Powered Intelligent Data Management Cloud for Core System Modernization

Retrieved on:

Thursday, September 14, 2023

Lines (MOL), one of the world’s largest shipping companies, has chosen Informatica to help simplify and accelerate the customer’s core system modernization project.

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Lines (MOL), one of the world’s largest shipping companies, has chosen Informatica to help simplify and accelerate the customer’s core system modernization project.
MOL has chosen Informatica’s AI-powered Intelligent Data Management Cloud (IDMC) platform and specifically IDMC’s Cloud Data Integration and Cloud Application Integration services as its new SaaS/iPaaS platform.
The core system, Informatica’s IDMC used as the data management layer, serves as a foundation to promote our digital transformation.
Shunichi Watanabe, Managing Director and President of Informatica Japan K.K commented, “Informatica’s market-leading cloud data integration and cloud application integration capabilities on the IDMC platform not only enabled MOL to simplify, but also accelerate, their core system modernization project including SAP modernization and multiple SaaS implementations.

Blue Ammonia Market worth $7,664 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Friday, September 1, 2023

Based on end-use application, the Blue Ammonia Market has been segmented into transportation, power generation, and industrial feedstock.

Key Points:

Based on end-use application, the Blue Ammonia Market has been segmented into transportation, power generation, and industrial feedstock.
As the global population grows and the demand for food increases, the demand for blue ammonia is also expected to grow.
This report segments the Blue Ammonia Market based on application into three segments: energy, mobility, and chemical & refinery.
North America is committed to reducing its greenhouse gas emissions, and blue ammonia is a lower-carbon alternative to traditional ammonia production.

Blue Ammonia Market worth $7,664 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Friday, September 1, 2023

Based on end-use application, the Blue Ammonia Market has been segmented into transportation, power generation, and industrial feedstock.

Key Points:

Based on end-use application, the Blue Ammonia Market has been segmented into transportation, power generation, and industrial feedstock.
As the global population grows and the demand for food increases, the demand for blue ammonia is also expected to grow.
This report segments the Blue Ammonia Market based on application into three segments: energy, mobility, and chemical & refinery.
North America is committed to reducing its greenhouse gas emissions, and blue ammonia is a lower-carbon alternative to traditional ammonia production.

Delfin Enters Strategic Investment Agreement with Mitsui O.S.K. Lines

Retrieved on:

Thursday, June 8, 2023

FSRU, Partnership, Strategic Investment Group, MT MOL FSRU Challenger, FLNG, Regasification, LNG carrier, Investment, MOL, Growth, Mitsui O.S.K. Lines, Hashimoto, Natural gas, LNG

HOUSTON, June 08, 2023 (GLOBE NEWSWIRE) -- Delfin Midstream Inc. (“Delfin”) announced today that it has entered into a strategic investment agreement with Mitsui O.S.K. Lines, Ltd. (“MOL”) that accelerates growth and drives future expansion, enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world. As part of the agreement, MOL will make an investment in Delfin and a MOL representative will join Delfin’s Board of Directors.

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Lines to Make a Strategic Investment in Delfin, Join Board of Directors
HOUSTON, June 08, 2023 (GLOBE NEWSWIRE) -- Delfin Midstream Inc. (“Delfin”) announced today that it has entered into a strategic investment agreement with Mitsui O.S.K.
Lines, Ltd. (“MOL”) that accelerates growth and drives future expansion, enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world.
As part of the agreement, MOL will make an investment in Delfin and a MOL representative will join Delfin’s Board of Directors.
Through this investment agreement, MOL and Delfin aims to solidify their continuing commitment to the success of the Delfin LNG project and set the stage for a promising future in the LNG industry.

NextGen Buys Carbon Dioxide Removal Credits from Summit Carbon Solutions in Landmark Deal

Retrieved on:

Wednesday, April 26, 2023

AMES, Iowa, April 26, 2023 /PRNewswire/ -- Summit Carbon Solutions, developer of the world's largest carbon removal project, announced today it has signed a multi-year agreement to sell Carbon Dioxide Removal credits (CDRs) to the NextGen CDR Facility (NextGen). In total, NextGen announced the purchase of 193,000 tons of CDRs from three projects, including a leading U.S. direct air capture project and a Finnish biochar manufacturer, making this one of the largest CDR transactions to date.

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AMES, Iowa, April 26, 2023 /PRNewswire/ -- Summit Carbon Solutions, developer of the world's largest carbon removal project, announced today it has signed a multi-year agreement to sell Carbon Dioxide Removal credits (CDRs) to the NextGen CDR Facility (NextGen).
"We are thrilled to have NextGen as the counterparty on our first CDR transaction," said Jim Pirolli, Chief Commercial Officer at Summit Carbon Solutions.
"At Summit Carbon Solutions, we believe in the positive impact sustainable growth will have on people, communities, and climate security for future generations," said Lee Blank, CEO of Summit Carbon Solutions.
To learn more about Summit Carbon Solutions, please visit: www.SummitCarbonSolutions.com
To learn more about NextGen, please visit: www.southpole.com/nextgencdr
To learn more about Gold Standard, please visit: www.goldstandard.org/

NextGen, a South Pole/Mitsubishi Corporation joint venture, establishes world's largest diversified portfolio of permanent carbon dioxide removals to scale the market

Retrieved on:

Wednesday, April 26, 2023

200,000 tonnes of CDRs from carbon removal projects that will constitute the world's largest diversified portfolio of CDRs once delivered.

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200,000 tonnes of CDRs from carbon removal projects that will constitute the world's largest diversified portfolio of CDRs once delivered.
NextGen plans to purchase over one million CDRs by 2025 and advocate the CDR market development.
Lines, Ltd.
"Permanently removing carbon dioxide from the atmosphere at scale is vital to achieving net-zero by 2050 and meeting the Paris agreement.
"The voluntary carbon market is a powerful tool when financing carbon removal projects, achieving meaningful reductions in greenhouse gas emissions, and improving long-term environmental outcomes.

NextGen - a South Pole/Mitsubishi Corporation joint venture - establishes world's largest diversified portfolio of permanent carbon dioxide removals to scale the market

Retrieved on:

Wednesday, April 26, 2023

NextGen CDR Facility (NextGen) announces first contracts to purchase carbon dioxide removals (CDRs), demonstrating support for scaling the market for carbon removal and durable long term storage by 2030.

Key Points:

NextGen CDR Facility (NextGen) announces first contracts to purchase carbon dioxide removals (CDRs), demonstrating support for scaling the market for carbon removal and durable long term storage by 2030.
NextGen, a joint venture between South Pole and Mitsubishi Corporation, includes industry leaders Boston Consulting Group, LGT, Mitsui O.S.K.
NextGen will also purchase carbon removal credits from climate tech company Carbo Culture's inaugural high technology biochar project (C1) in Finland.
Ambition: NextGen aims to contract over a million tonnes of certified technological carbon removals (CDRs) from projects that will be operational by 2025.

NextGen - a South Pole/Mitsubishi Corporation joint venture - establishes world's largest diversified portfolio of permanent carbon dioxide removals to scale the market

Retrieved on:

Wednesday, April 26, 2023

NextGen CDR Facility (NextGen) announces first contracts to purchase carbon dioxide removals (CDRs), demonstrating support for scaling the market for carbon removal and durable long term storage by 2030.

Key Points:

NextGen CDR Facility (NextGen) announces first contracts to purchase carbon dioxide removals (CDRs), demonstrating support for scaling the market for carbon removal and durable long term storage by 2030.
NextGen, a joint venture between South Pole and Mitsubishi Corporation, includes industry leaders Boston Consulting Group, LGT, Mitsui O.S.K.
NextGen will also purchase carbon removal credits from climate tech company Carbo Culture's inaugural high technology biochar project (C1) in Finland.
Ambition: NextGen aims to contract over a million tonnes of certified technological carbon removals (CDRs) from projects that will be operational by 2025.