MOL Strengthens Eco-Shipping Initiative
Shipping company Mitsui O.S.K. Lines (MOL) has announced that its Techno-Trade business has joined a Green Award Program aimed at promoting high-quality shipping.
According to a statement, the programme is being run by the Green Award Foundation, an organization established with the objective of protecting the marine environment and enhancing safe operations.
The programme aims to improve the quality of vessels and mariners, as well as protecting the marine environment, by certifying vessels for excellence in safety and low environmental impact.
Afshin Mansouri and Stefanos Kokkorikos discuss the movement towards a green port ecosystem in a recent Port Technology technical paper
There are 11 MOL Group vessels which have already earned certification from the Green Award Foundation, a MOL Techno-Trade is encouraging efforts to reduce environmental impact by offering preferential prices on its energy-saving Propeller Boss Cap Fins (PBCFs).
PBCFs are energy-saving devices which reduce a vessel’s fuel consumption by 3% to 5% by eliminating the “hub vortex generated behind the rotating propeller” and improving propeller efficiency.
Around 3,300 vessels are currently equipped with this technology, which continues to evolve as part of the research conducted by MOL and Akishima Laboratories.
MOL Techno-Trade, Ltd. (#MOL Techno-Trade) joins Green Award as an incentive provider and offers its environment-friendly product #PBCF (propeller boss cap fins) to Green Award certified ships and companies at a special price. Read more here https://t.co/19b8x1yP5S pic.twitter.com/PAfCfMavKh— GreenAwardFoundation (@Green_Award) February 13, 2019
The offer is currently available to any Green Award certified vessels or shipping companies, both inside and outside of MOL.
A further statement from the company read: “MOL Techno subscribes to the philosophy of Green Award Foundation, which aims at protecting the marine environment, and decided to participate in the program.
“The group not only takes part in this program, but also continually promotes the growth of environmental and emission-free businesses to contribute to environmental protection in ports all over the world.”