Mitsui OSK Lines Signs MOU with SINOPEC and Marubeni for Marine Biodiesel Fuel Supply

Reuters12-11

Mitsui OSK Lines Signs MOU with SINOPEC and Marubeni for Marine Biodiesel Fuel Supply

Mitsui O.S.K. Lines, Ltd. (MOL) has announced the signing of a Memorandum of Understanding (MOU) with SINOPEC Zhejiang Zhoushan Petroleum Co., Ltd. and Marubeni Corporation to establish a long-term supply system for marine biodiesel fuel. The agreement aims to support efforts to reduce greenhouse gas emissions in the shipping industry by developing a stable supply and procurement framework for biodiesel fuel, an alternative to conventional marine fuels. The collaboration will focus on expanding the use of biodiesel in China and developing related infrastructure such as storage, transportation facilities, and supply ports. This initiative is part of MOL's environmental strategy to promote the adoption of clean fuels and contribute to decarbonization in marine transport.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mitsui OSK Lines Ltd. published the original content used to generate this news brief on December 11, 2025, and is solely responsible for the information contained therein.

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