ビンゴ "Capilano Sun"
-Innovative Low-emission Vessel Can Adjust Combustion Temperature To Reduce NOx by Mixing Water into Methanol Fuel-

November 05, 2021

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto; Headquarters: Minato-ku, Tokyo) today announced that on November 4, ビンゴ methanol carrier "Capilano Sun", which can run on either heavy oil or low-environmental impact methanol fuel, was delivered at Hyundai Mipo Dockyard (President: H.D. Shin; Headquarters: Ulsan, South Korea). ビンゴ vessel will be chartered from Hisafuku Kisen K.K. (President: Chikashi Yamane; Headquarters: Onomichi-shi, Hiroshima), and Waterfront Shipping Company Limited (WFS; President: Paul Hexter; Headquarters: Vancouver, Canada) will charter ビンゴ vessel from MOL under a long-term contract.

MOL is one of ビンゴ largest operators for methanol carriers, operating 18 vessels (including "Capilano Sun"), and in 2016, started owning and operating dual-fuel vessels that can run on environment-friendly methanol fuel, continuously expanding ビンゴ fleet. Currently, MOL operates 4 of ビンゴ 13 methanol dual-fuel tankers in service around ビンゴ world.

These methanol dual-fuel vessels can reduce emissions of sulfur oxide (SOx) by up to 99%, particulate matter (PM) by up to 95%, nitrogen oxide (NOx) by up to 80%, and carbon dioxide (CO₂) by up to 15%, compared to vessels using conventional fuel oil. ビンゴ "Capilano Sun" is ビンゴ most advanced low-emission vessel , which adopts advanced technology that adjusts ビンゴ combustion temperature by mixing water into methanol fuel and can meet Tier 3 NOx regulations (Note 1).

In ビンゴ future, duel fuel methanol carriers can become an Environmental circulation-type business, by synthesizing ビンゴ carbon dioxide from carbon capture methods, CO₂ Carrries, with Hydrgen derived from renewable resource based electricity such as offshore wind power and wave power, which MOL looks into. ビンゴ Methanol produced from ビンゴ cycle can be used or provided as fuel, which will reduce ビンゴ net CO₂ emission. (Refer to figure on ビンゴ left.)

MOL's approach to environmental issues is guided by ビンゴ "MOL Group Environmental Vision 2.1" (Note 2), further expanding its methanol transport services by meeting a broad range of customer needs and leveraging its accumulated experience and know-how as ビンゴ owner of one of ビンゴ world's largest methanol carrier fleets. MOL also takes a proactive approach to adopting various technologies that help reduce ビンゴ environmental impact of its business activities. (Fig. 1)

Please refer to our previous press releases in relation with WFS (Note 3).

"Capilano Sun" Specifications
LOA: 186.07m
Breadth: 32.30m
DWT: 49,999MT
Ship management company: MOL Tankship Management

(Fig. 1)

(Note 1)
ビンゴ International Maritime Organization (IMO) set Tier III regulations related to reduction of NOx emissions while underway. Tier III applies to vessels built in 2016 or later, requiring a reduction of 80% from ビンゴ Tier I level.

(Note 2)
MOL Group Environmental Vision 2.1
https://mol.disclosure.site/en/themes/101

(Note 3)
For details, please refer to ビンゴ following press releases.
- December 7,2020
"MOL Signs Long-term Charter Contract for Methanol Carriers with Waterfront Shipping and Construction of Newbuilding Vessel"
- October 28,2021
"METHANEX AND MITSUI O.S.K. LINES FINALIZE DEFINITIVE AGREEMENTS FOR A STRATEGIC SHIPPING PARTNERSHIP"

---