MOL and KEPCO Collaborate on Liquefied Hydrogen Carrier Study in Japan
Key Ideas
  • MOL and KEPCO signed a MoU for a joint study on a liquefied hydrogen carrier, marking the first such agreement in Japan.
  • The collaboration aims to establish a hydrogen fuel supply chain, focusing on vessel operations, safety, and international regulations.
  • The companies are committed to working towards a zero-carbon society through the development of a hydrogen supply chain.
Mitsui O.S.K. Lines (MOL) and the Kansai Electric Power Company (KEPCO) have made a significant move in the realm of hydrogen transportation by signing a memorandum of understanding (MoU) for a joint study on a liquefied hydrogen carrier. This agreement represents a pioneering initiative in Japan, bringing together a shipping company and a power generation entity to explore the marine transport of liquefied hydrogen, a critical component in the development of hydrogen fuel supply chains. The focus of the collaboration between MOL and KEPCO involves a comprehensive examination of the optimal vessels and operational processes required for the efficient and safe transport of liquefied hydrogen. Additionally, the two companies will delve into the regulatory framework encompassing international laws concerning the marine transportation of this eco-friendly energy carrier. With a shared vision of contributing to sustainability and environmental preservation, MOL and KEPCO are dedicated to advancing the study of marine liquefied hydrogen transport as part of their commitment to realizing a zero-carbon society. By fostering this strategic partnership and leveraging their expertise, the companies are proactively driving the establishment of a robust hydrogen supply chain that aligns with global emissions reduction goals.
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