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Six Companies Forming Strategic Alliance to Develop Japan's First Methanol-fueled Domestic Tanker

  • PRESS RELEASE

2022.03.11

Mitsui O.S.K. Lines, Ltd., MOL Coastal Shipping, Ltd., Tabuchi Kaiun Co., Ltd., Niihama Kaiun Co., Ltd.,Murakami Hide Shipbuilding Co., Ltd., and The Hanshin Diesel Works, Ltd. have agreed to form strategic alliance aimed at reducing environmental impact through the development of methanol-fueled Domestic tanker.

The vessel development project, which targets delivery of the ship in 2024, was also selected to receive public funding through the Japanese Ministry of Economy, Trade and Industry (METI) and Ministry of Land, Infrastructure, Transport and Tourism (MLIT), “Subsidy for ‘Project on Transport Efficiency improvement Utilizing using AI/IoT (Demonstration Project on Domestic Ship Innovative Operation Efficiency)”.

The six alliance partners will each orchestrate their advantages in technology, expertise, and networks aiming to realize a decarbonized society.

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