MOL Joins Global Alliance for E-Methane: A Game-Changer in Marine Fuel Sector
Key Ideas
- MOL partners with the e-NG Coalition to accelerate the development and adoption of e-methane, a sustainable carbon-neutral marine fuel.
- E-methane, a mix of synthetic CO2 and hydrogen, offers a clean alternative for LNG-fueled vessels without significant modifications, reducing greenhouse gas emissions.
- The alliance of 20 members aims to establish an international supply chain for e-methane, aligning with MOL's commitment to achieve net-zero emissions by 2050.
- The initiative supports MOL's BLUE ACTION 2035 plan, emphasizing environmental sustainability and promoting e-methane as a key element for a greener future.
Mitsui O.S.K. Lines (MOL) has officially become part of the e-NG Coalition, a global alliance focused on advancing e-methane, a revolutionary fuel aimed at decreasing carbon emissions. Announced on March 1, 2025, MOL's entry into the coalition signifies a crucial step in propelling the growth and acceptance of e-methane, a synthetic fuel composed of carbon dioxide and hydrogen.
E-methane is gaining prominence as a more environmentally friendly substitute for traditional fossil fuels due to its minimal ecological footprint. A notable advantage of e-methane is its compatibility with existing LNG-powered ships without requiring expensive alterations, making it a pragmatic solution for curbing emissions in the maritime sector.
With over four decades of experience in LNG transport, MOL is well-positioned to contribute to the expansion of e-methane as a marine fuel and facilitate the establishment of a global supply network for artificial fuels. This move is in line with MOL's BLUE ACTION 2035 strategy, which places a strong emphasis on environmental endeavors, including the goal of achieving carbon neutrality by 2050.
The e-NG Coalition, now comprising 20 members, is dedicated to creating a reliable international supply chain for e-methane while championing environmental standards and fostering cooperation among industry stakeholders engaged in its production and distribution. The overarching objective of the alliance is to advocate for e-methane as a pivotal component of a carbon-neutral society, driving the maritime industry towards a sustainable and greener future.