MOL Invests in 13 Mari, Developer of Ripple-shaped
Mitsui O.S.K. Lines Invests in Green Shipping Technology
Mitsui O.S.K. Lines, Ltd. (MOL) has announced a significant investment in 13 Mari Ltd., a U.S.-based developer of innovative marine technology. This investment aims to enhance solutions for reducing greenhouse gas (GHG) emissions in the shipping industry. The focus is on the development of ripple-shaped “Flowsmart” elements that can be retrofitted to ships’ hulls. These elements are designed to improve fuel efficiency and overall vessel performance, aligning with MOL’s commitment to environmental sustainability.
Innovative Technology for Emission Reduction
The Flowsmart elements utilize advanced technology inspired by the design of aircraft wings and automotive aero parts. By controlling water flow near the hull, these elements aim to reduce drag, thereby enhancing the vessel’s performance. When retrofitted with 10 to 20 Flowsmart elements, ships can expect a reduction in GHG emissions and fuel consumption by 3% to 7%. The effectiveness of these elements increases when combined with existing energy-saving devices, such as wind propulsion systems and various fins.
One of the key advantages of the Flowsmart technology is its versatility. It can be applied to both new and existing vessels without requiring significant capital investment or extensive retrofitting work. This makes it an attractive option for various sectors within the shipping industry, including dry bulk, energy, and product transport. The technology is particularly beneficial for small and medium-sized ships, which often face challenges in implementing wind propulsion systems due to space constraints. Additionally, the dry bulk sector has been limited in adopting next-generation fuels due to design and development restrictions. By investing in 13 Mari, MOL aims to lead the charge in reducing GHG emissions and fostering the adoption of new technologies across the maritime industry.
MOL has set ambitious goals through its “MOL Group Environmental Vision 2.2,” targeting net-zero GHG emissions by 2050. The introduction of energy-saving technologies is a cornerstone of this strategy. By supporting the development of Flowsmart technology, MOL not only aims to reduce emissions from its own operations but also contribute to broader societal decarbonization efforts. This investment marks a significant step toward a more sustainable future for the shipping industry.
