Mitsui O.S.K. Lines Invests in Ammonia-Powered Bulk Carriers

tonnage (dwt) of 210,000, will be constructed at Qingdao Beihai Shipbuilding in China. Valued at $93 million per unit, these bulk carriers reflect MOL 's commitment to integrating eco-friendly technologies into its fleet. According to Intermodal, the vessels are expected to be delivered between 2027 and 2028. Ammonia has emerged as a promising alternative fuel due to its potential to achieve net-zero emissions. MOL ’s adoption of this technology underscores the company’s forward-thinking approach to addressing environmental challenges in maritime transport. The initiative supports the shipping industry's global transition toward more sustainable practices and compliance with stricter environmental regulations.