First-time Collaboration between MOL and Shell on an Innovative Book and Claim Initiative for Marine Decarbonization
Mitsui O.S.K. Lines, Ltd. has collaborated with Shell Trading Rotterdam B.V. (Shell) to implement a book and claim model that enables the indirect generation(Note 2) of Environmental Attribute Certificates (EACs)(Note 3) derived from the use of low-carbon fuel on vessels operated by third parties. This initiative applies the theory of the Market Based Measures Accounting …
