MOL Introduces Energy Efficiency Management Plan (SEEMP)

News Release MOL (Europe) B.V. (European Head Office) January 14, 2011

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MOL Introduces Energy Efficiency Management Plan
(SEEMP)
for Tanker Fleet
 
Initiative to Cut CO2 Emissions
from Vessels
 
ROTTERDAM, 13 January 2011 – Mitsui O.S.K. Lines, Ltd.
(MOL; President: Koichi Muto) today announced that the company has established a
Ship Energy Efficiency Management Plan (SEEMP) and started its use with the MOL
tanker fleet. The SEEMP provides the most efficient vessel operation method
(optimum route selection, appropriate maintenance, and so on considering slow
steaming, ocean currents, and weather) to reduce CO2 emissions while
ensuring safe operation and maintaining a strict operation schedule.

 
Initially, the SEEMP was
initiated by MOL Tankship Management (Europe) Ltd. then provided for all vessels
managed by the MOL Tanker Division’s in-house companies effective January 1,
2011 to ensure ongoing improvement in energy efficiency by following the
plan-do-check-action (PDCA) cycle.
 
MOL also established the
Energy Efficiency Operational Indicator (EEOI) for Tankers which indicates
CO2 grams per mile transport of 1 ton cargo, based on actual vessel
operation, as an index to verify the SEEMP’s effectiveness. While conducting
self monitoring, MOL and vessels will set CO2 emissions reduction
targets to pursue improved energy efficiency in line with the SEEMP plan.

 
In October 2010, the
61st session of the International Maritime Organization (IMO) Marine
Environment Protection Committee agreed in principle on compulsory steps to
adopt the SEEMP on vessels. In addition, guidelines on energy efficiency and
fuel management were issued at the Oil Companies International Marine Forum
(OCIMF) made up of major oil companies, reflecting key customers’ requests for
improvements in tanker fuel efficiency.
 
MOL has promoted the
Sempaku ISHIN project, the environment-friendly, next-generation vessel concept
since 2009, taking a proactive approach to development and introduction of
technologies to reduce CO2 emissions. The company has also taken
various other measures to reduce the environmental burden of its operations. The
development and introduction of SEEMPs for all ship types, starting with
tankers, marks a major step forward in MOL’s environmental initiatives. This
will achieve safe, high energy efficient vessel operation, with the aim of
achieving the target of reducing CO2 emissions per ton-mile by 10% in
2015 compared to FY2009, set forth in the midterm management plan “GEAR UP!
MOL.” 
 
Masanori Ota, General Manager
Tanker
Safety Management Office
Mitsui O.S.K.
Lines, Ltd. 
TEL:
03-3587-6621 FAX:
03-3587-7892
E-mail:mtqag@mail.mol.co.jp
 
Kenji
Jitsu, General Manager
Corporate Planning Division, CSR and Environment
Office
TEL:
03-3587-7063 FAX:
03-3587-7702
E-mail:plemo@mail.mol.co.jp</DIV></BODY></HTML>