Mitsui OSK (MOL) and Rio Tinto – the world’s largest dry bulk shipper -have signed a collaboration deal to boost crew welfare and decarbonise shipping.
MOL and Rio Tinto have agreed to further collaborate on shipping decarbonization in addition to the existing commitment to the DOO programme. The DOO programme is a Rio Tinto initiative aimed at enhancing safety and improving crew welfare in the dry bulk industry.
MOL Group has positioned environmental strategy as a key element of its “BLUE ACTION 2035” management plan, and have set a target of achieving net zero GHG emissions by 2050 through some strategies such as adopting clean fuels to vessels and efficient operations in the “MOL Group Environmental Vision 2.2”.
In an official statement, MOL said that it “will focus on improving operational and technical efficiency, as well as seeking potential collaboration in alternative shipping fuels by leveraging each other’s expertise. MOL and Rio Tinto will continue to work together on lowering GHG emissions for the ocean transportation of resources while ensuring the safety of our operations”.
