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Thu 23 Oct 2025 13:39 | Updated: Thu 23 Oct 2025 13:39

MOL outlines ammonia fuel strategy at Houston conference


Japanese shipping company discusses terminal acquisition and dual-fuel vessel plans at industry gathering.

MOL participates in Ammonia Energy Association Annual Conference 2025.
Pictured from left to right: Mr. Tomoaki Ichida, Managing Executive Officer at MOL; Vibeke Rasmussen, SVP Product Certification, Yara Clean Ammonia; and Radboud Godron, Group Business Development Director New Energies, LBC Tank Terminals, during the Ammonia Energy Association 2025 Annual Conference in Houston. Image: Mitsui O.S.K. Lines (MOL)

Mitsui O.S.K. Lines (MOL) participated in the Ammonia Energy Association's (AEA) 2025 Annual Conference in Houston from October 20-22, where the Japanese shipping company outlined its strategy for ammonia as a marine fuel.

The company took part in a keynote conversation titled 'Global Partnerships to Connect the Value Chain' alongside LBC Tank Terminals and Yara Clean Ammonia. MOL discussed how its acquisition of Netherlands-based LBC Tank Terminals in March 2025 supports its vision to build what it describes as "a total chemical logistics service system".

According to MOL, the acquisition creates synergies between marine transport and terminal operations to enable future low-carbon ammonia flows. The company also highlighted its ongoing collaboration with Yara Clean Ammonia as an example of cross-sector partnerships in the ammonia energy value chain.

MOL presented details of its plans to introduce three ammonia dual-fuel Capesize bulk carriers, which are scheduled for delivery in 2026-2027. The vessels are being developed jointly with Belgium-based CMB.Tech and are the world's first ammonia dual-fuel ships of this type.

MOL also took part in a panel discussion focused on ammonia safety with other industry participants.

Tomoaki Ichida, Managing Executive Officer at MOL, and Takanori Mizuno, Team Manager in the company's Iron and Steel Business Division, represented MOL at the conference.

Founded in 2004, The AEA says its membership represents the full value chain of ammonia across multiple industries. The association's annual conference brings together industry participants to discuss strategies for accelerating ammonia adoption across various sectors, including maritime transport.
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