Mitsui OSK Lines (MOL) has received third-party certification for its book and claim service for pure car carriers after an audit by Nippon Kaiji Kyokai (ClassNK).
According to MOL, this is the first time that ClassNK has granted third-party certification of book and claim methodology in the Japanese shipping industry. This method allows customers to register (book) the GHG reduction value of ship transport services using low-carbon fuels and other energy-saving measures, and then claim the value of the reduction (claim) by customers who have been granted an allocation of the GHG reduction value. MOL is making company-wide efforts to adopt the book and claim method, as a board member of the Book and Claim Community, an environmental initiative to decarbonise international logistics. MOL will begin this service in January 2025.
This service, which MOL will begin in January 2025, will allow MOL to allocate the greenhouse gas (GHG) reduction value resulting from the use of low-carbon fuels, including LNG and biofuels, in its car carrier fleet as certificates to customers of the car carrier transport service. For example, when MOL operates LNG-fuelled car carriers, the GHG emission reductions (reduction value) compared to when they run on fuel oil, is recorded, and customers using the book and claim service can claim the GHG emission reductions for their own.
MOL is scheduled to launch 14 new LNG-fuelled car carriers. While reducing its own GHG emissions through the adoption of more environmentally friendly fuels and other measures, it will pursue initiatives to contribute to the reduction of GHG emissions in society at large, as in this case, with the aim of achieving net-zero emissions by 2050.
Image: LNG-fuelled car carrier ‘Cerulean Ace’ (source: MOL)
