MOL CEO Delivers His Message About Fuel Options In Davos

Japan’s shipping major Mitsui O.S.K. Lines (MOL) president and CEO, Takeshi Hashimoto, delivered his message about the “fuel candidates,” during his presence at the World Economic Forum held in Davos, Switzerland.  

The event ran from January 15-19, and MOL was the only Japanese shipping company to participate.

In a discussion of advanced technologies for decarbonization MOL’s president and CEO, the only Japanese representative on the panel, stated that “With so many alternative fuel candidates, it is understandable to want to wait and see until a solution is identified.”

“However, if we all continue to wait and see, we will not make any progress. As first movers, we want to move forward with the ambition once a basic policy is established based on empirical data, we will set the trend ourselves,” he added, reiterating his commitment to work with partners to drive decarbonization in the shipping industry.

Hashimoto served as panellist in the discussion and was part of a session called “First Movers for Frontier Clean Technologies” presented by the “First Movers Coalition”, an alliance of companies, including MOL, established to stimulate demand for decarbonization technologies.

The session brought together business leaders and financial and policy officials from industries with high greenhouse gas (GHG) emissions, to showcase the progress achieved by the FMC and its initiatives, to commercialize innovative clean solutions.

As the Japanese major states “MOL has positioned its environmental strategy as one of the key strategies in its “Blue Action 2035” management plan, and has set the goal of achieving net zero greenhouse gas (GHG) emissions by 2050 in the MOL group environmental vision 2.2.”