September 26, 2023

Japan Suiso Energy, Ltd. Kawasaki Kisen Kaisha, Ltd. Mitsui O.S.K. Lines, Ltd. Nippon Yusen Kabushiki Kaisha
On September 12 2023, Japan Suiso Energy, Ltd. (JSE)*, and ビンゴ 5 次回 予想, Kawasaki Kisen Kaisha, Ltd. ("K"LINE), Mitsui O.S.K. Lines, Ltd. (MOL), and Nippon Yusen Kabushiki Kaisha (NYK), have agreed to join JSE Ocean, Ltd. (JSE Ocean), a subsidiary of JSE. JSE remains the majority shareholder with 50.2% of stock, whilst the shipping companies hold 16.6% each.

ビンゴ 5 次回 予想 in Japan The expectation for ビンゴ 5 次回 予想 as a clean energy is increasing worldwide as we strive to achieve a decarbonized society. Japan's Basic ビンゴ 5 次回 予想 Strategy, revised by the Japanese government in June 2023, identifies ビンゴ 5 次回 予想 as the alternative to fossil fuels as it targets decarbonisation. In the Strategy Japan commits to a target of 3 million tons/year of ビンゴ 5 次回 予想 by 2030, 12 million tons/year by 2040, and 20 million tons/year by 2050.
The target hydrogen supply cost is approximately JPY30 /Nm3 in 2030 and JPY20 /Nm3 in 2050 at the point of arrival in Japan. To achieve these price and volume targets, and create a secure global ビンゴ 5 次回 予想, transport by ship is crucial.
Background In August 2021, Japan's New Energy and Industrial Technology Development Organisation (NEDO), allocated a grant from the Japanese government's Green Innovation Fund to JSE, Iwatani Corporation and ENEOS Corporation for the "Liquefied Hydrogen ビンゴ 5 次回 予想 Commercialization Demonstration Project".
In this project, JSE will establish the world's first large-scale hydrogen liquefaction and transportation technology, involving an initial 30,000 tons of hydrogen per year before upscaling. JSE will also demonstrate a comprehensive and reliable global liquefied hydrogen (LH2) ビンゴ 5 次回 予想, covering hydrogen production, liquefaction, export from Australia, marine transportation, and import.
About JSE Ocean JSE Ocean was established in January 2023 to research the marine transportation of LH2 by using a large-scale LH2 carrier. JSE, and the three Japanese shipping companies with extensive knowledge and experience in the energy transport business, will establish the marine transport of LH2 at a commercial scale through JSE Ocean. We will collaborate to explore the safety and efficient operation of the world's first large-scale LH2 carrier by 2024, as well as develop a viable marine transportation business scheme. Furthermore, the LH2 carrier will be powered by ビンゴ 5 次回 予想, significantly reducing CO2 emissions during operation.
* JSE was established in June 2021 with the main objectives of research, planning, management, and investment in the international ビンゴ 5 次回 予想 of LH2. Current shareholder composition is Kawasaki Heavy Industries, Ltd. 66.6% Iwatani Corporation 33.4%.
Stock Holding Ratio

Overview of Each Company
JSE Ocean, Ltd. Established: January 2023 Address: 14 5, Kaigan 1-chome, Minato-ku, Tokyo Representative: Kenjiro Shindo, President and CEO
Japan Suiso Energy, Ltd. Established: June 2021 Address: Toranomon Seiwa Building 10 F, 1-2-3 Toranomon, Minato-ku, Tokyo Representative: Eiichi Harada, President and CEO
Kawasaki Kisen Kaisha, Ltd. Established: April 1919 Address: Iino Building, 1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo Representative: Yukikazu Myochin, Representative Director, President and CEO
Mitsui O.S.K. Lines, Ltd. Established: May 1884 Address: 2-1-1 Toranomon, Minato-ku, Tokyo Representative: Takeshi Hashimoto, President and CEO
Nippon Yusen Kabushiki Kaisha Established: September 1885 Address: 2-3-2 Marunouchi, Chiyoda-ku, Tokyo Representative: Takaya Soga, President and CEO