Summary: Mitsui O.S.K. Lines and Idemitsu Kosan Agree to Jointly Develop a Supply Chain for Synthetic Fuel/Synthetic Methanol, Including Maritime Transportation of CO2, with a Subsidiary of HIF Global, a Global Company that Produces Synthetic Fuel/Synthetic Methanol. They Signed a Memorandum of Understanding.

On March 19th, Mitsui O.S.K. Lines (MOL) announced that they have reached an agreement with Idemitsu Kosan Co., Ltd. and a subsidiary of HIF Global, a global company specializing in synthetic fuel and synthetic methanol production, to jointly develop the supply chain for synthetic fuel and synthetic methanol, including CO2 maritime transport. The companies have signed a Memorandum of Understanding (MOU) to collaborate on the development of a sustainable supply chain for synthetic fuels and methanol, aiming to enhance environmental sustainability and reduce carbon emissions in maritime transportation operations. Stay updated on the progress and outcomes of this partnership between Mitsui O.S.K. Lines, Idemitsu Kosan Co., Ltd., and HIF Global’s subsidiary as they work together to pioneer innovative solutions in the synthetic fuel sector.