Video: MOL and Tata Steel to develop eco-friendly bulk carrier
Mitsui OSK Lines and subsidiary MOL Drybulk have signed a memorandum of understanding with Tata Steel.
MOL and Tata Steel have announced a deal to develop and deploy an environmentally friendly bulk carrier to help reduce Tata’s supply-chain greenhouse gas emissions.
The new vessel will feature the Wind Challenger hard sail to harness the wind, employ energy-saving onboard systems and be able to use clean alternative fuels.
Peeyush Gupta, Vice President, Supply Chain, Tata Steel, said: “The objective of the agreement is to reduce greenhouse gas (GHG) emissions in the ocean transportation of raw materials for production of steel.
“In the initial stage, the partnership will explore the environmental benefits and commercial and operational feasibilities of various technologies. “
