Mitsui O.S.K. Lines, Ltd. announced the establishment of a wholly owned subsidiary called EcoMOL Inc. (EcoMOL; Representative: Keiichiro Yokohashi; Headquarters: Manila, Philippines), which tackles immediate GHG emission reduction by ships’ operational efficiency through digital solutions. MOL has set a target to improve 5 % fuel-efficiency by end of 2024, it is in line with “MOL …
The post MOL Establishes EcoMOL Inc. in the Philippines: Sailing towards de-carbonized future first appeared on Hellenic Shipping News Worldwide.