Japan’s MOL hits milestones in its decarbonization journey

Japan’s Mitsui O.S.K. Lines completed a concept study on an ammonia floating storage and regasification unit, and embarked on the development of alternatives, including wind propulsion, the shipping company said as it forges ahead with its clean energy vision. The company said Feb. 3 it completed the concept study in collaboration with Mitsubishi Shipbuilding Co. and had signed an agreement…