MITSUI O.S.K. Lines has announced plans to build six new ships that will use liquefied natural gas as their main fuel.

MOL has signed a construction deal for four new capesize bulkers with Chinese shipbuilder Qingdao Beihai Shipbuilding.

The company also secured a construction contract for two very large crude carrier tankers with Kawasaki Heavy Industries.

The new capesize bulkers and VLCC tankers are scheduled for delivery from 2025 through 2026.

The MOL Group said it is moving forward with decarbonisation and low-carbonisation with the aim of reaching net zero GHG emissions by 2050.

It plans to expand its fleet of LNG-fuelled vessels to around 90 by 2030.

“MOL Group has ordered 16 ocean-going LNG-fuelled vessels which includes these capesize bulkers and VLCCs, in addition to car carriers, bulkers, and six coastal vessels which are ferries, tugboat, and coastal cargo vessel,” the group said in a statement.

“It will further continue to widen the use of LNG fuel as an initiative that it can take now, to accelerate toward the complete elimination of GHG emissions.”


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