MOL Signs Deal to Build 2nd Bulk Carrier

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MOL Bulk Carrier

Mitsui O.S.K. Lines, Ltd. (MOL) has announced its intent to equip a second bulk carrier with the “Wind Challenger” hard sail system, which harnesses the power of the wind to propel the vessel. MOL Group company MOL Drybulk Ltd. will operate the vessel, which will transport wood pellets for Enviva Inc., the world’s leading producer of sustainable wood bioenergy, and has signed a construction contract for the new ship with Oshima Shipbuilding Co., Ltd. The vessel, slated for delivery in 2024, will be the second Wind Challenger-equipped vessel in the MOL Group fleet, following one scheduled to enter services in October of this year.

MOL group is also examining the feasibility of adopting “Rotor Sails”, an auxiliary wind propulsion system developed by Anemoi Marine Technologies Ltd, of the U.K. Combined use of both the Wind Challenger and Rotor Sails is expected to reduce greenhouse gas (GHG) emissions by an average of 20%.

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Ryan is the Digital Marketing and Content Creation Manager for Trade and Logistics Siam Ltd. He provides a creative flair to the team and his resourcefulness helps to bring an imaginative improvement to both literary archetypes and online content production. A writer by day and a rider by night, when he's not composing the latest logistics news update or creating compelling copy for our clients, Ryan spends his free time travelling Thailand by motorbike.