ビンゴ 5 予想, Aquamarine Progress II, Delivered

April 26, 2024

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that ビンゴ 5 予想 LPG (Note 1)dual-fuel LPG/ammonia carrier (VLGC) Aquamarine Progress II (Note 2), ordered by its group company, Aramo Shipping (Singapore) Pte. Ltd. (Note 3) (Head office: Singapore), was delivered on April 26 by Namura Shipbuilding Co., Ltd. (President: Kensuke Namura; Head Office: Nishi-ku, Osaka). ビンゴ 5 予想 Aquamarine Progress II will sail under a time charter contract with GYXIS Corporation (President and Representative Director: Keiji Tanaka; Head Office: Minato-ku, Tokyo), a Japanese LPG importer and distributor.

ビンゴ 5 予想 dual-fuel vessel can run on either LPG or conventional heavy oil, and when LPG is used as fuel, CO₂ emissions can be reduced by about 20% and sulfur oxides (SOx,) particulate matter (PM), and so on by about 90% compared to heavy oil. In addition, ビンゴ 5 予想 specifications allow for ビンゴ 5 予想 transport of ammonia as well as LPG. Ammonia, which emits no carbon dioxide during combustion, is expected to increase in demand in ビンゴ 5 予想 future as a next-generation clean energy source.

ビンゴ 5 予想 naming ceremony was held on March 12 at ビンゴ 5 予想 Imari Works of Namura Shipbuilding, and ビンゴ 5 予想 vessel was named by GYXIS President and Representative Director Keiji Tanaka. Along with GYXIS, MOL will further contribute to ビンゴ 5 予想 stable supply of LPG to Japan through ビンゴ 5 予想 operation of ビンゴ 5 予想 Aquamarine Progress II.

ビンゴ 5 予想 MOL Group has positioned environmental strategy as a key element in its "BLUE ACTION 2035" management plan, and has set ビンゴ 5 予想 target of achieving net zero greenhouse gas (GHG) emissions by 2050 in ビンゴ 5 予想 "MOL Group Environmental Vision 2.2." ビンゴ 5 予想 group will continue working together to achieve net zero GHG emissions by 2050 through concerted group-wide efforts.

[Outline of ビンゴ 5 予想 vessel]

LOA	230 m
Breadth	36.6 m
Cargo tank capacity	87,119.30 m3
Year of delivery	April 2024
Shipyard	Namura Shipbuilding Co., Ltd.

(Note 1) LPG stands for Liquified Petroleum Gas.

(Note 2) Please refer to ビンゴ 5 予想 following press release.
August 5, 2021: "MOL Group's Phoenix Tankers Signs Deal for Construction of LPG Fuelled VLGCs for LPG/Ammonia Transport"

(Note 3) A corporation in which Fuji Oil Co., Ltd (President: Shigeto Yamamoto, Head Office: Shinagawa-ku, Tokyo) and MOL have invested through their respective subsidiaries.

---

MOL Group 5 Sustainability Issues
MOL Group identifies "Sustainability Issues" (Materiality) as our key issues for sustainable growth with society through realization of ビンゴ 5 予想 Group Vision.
We anticipate this initiative to contribute especially to ビンゴ 5 予想 realization of "Safety & Value -Provide added value through safe transportation and our social infrastructure business-" and "Environment -Conservation for Marine and global environment-."