Mitsui O.S.K. Lines, Ltd. (MOL) announced an agreement with Vale International SA to conduct a joint study on installation of a wind propulsion system called “Rotor Sail” on a 200,000-ton class in-service bulk carrier, which mainly transports iron ore for steel production. The goal is to reduce greenhouse gas (GHG) emissions from the vessel while underway.
The Rotor Sail produces propulsive force as the wind generates differential pressure around the slewing rotor while the vessel is underway. It offers high efficiency because the natural energy of the wind directly propels the vessel rather than being converted to electricity, for example.
The MOL Group is implementing five initiatives to realize the mid-to-long-term targets set out in the “MOL Group Environmental Vision 2.1”. Including this opportunity, we will pursue one of the initiatives “Enhancement of Energy-Saving Technologies” and continually strives to reduce GHG emissions in cooperation with leading companies in various industries, with the goals of “Achieving net zero GHG emissions by 2050.”