MOL-Developed Optimum Trim System Boosts Car Carrier Fuel Efficiency up to 4%
News Release
MOL (Europe) B.V. (European Head Office)
April 8, 2011
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<DIV><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt">
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">ROTTERDAM, 6 April
2011</SPAN></B><B><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"> –
</SPAN></B><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">Mitsui O.S.K.
Lines, Ltd. (MOL; President: Koichi Muto) today announced the joint development
of an optimum trim system for vessels, along with Akishima Laboratories (Mitsui
Zosen) Inc. </SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"></SPAN> </P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_yiv1924622065msonormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt" lang=EN-US>A pilot test of the
system, using a 6,400-unit car carrier, showed an increase of up to 4% in
fuel efficiency compared to a conventionally equipped vessel, which in turn
contributes to a significant reduction in CO<SUB>2
</SUB>emissions.</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_yiv1924622065msonormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt" lang=EN-US></SPAN><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt" lang=EN-US></SPAN> </P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">The optimum trim system
quantitatively assesses MOL captains’ extensive practical knowledge of vessel
running attitudes through tank testing and actual ship test. This data is
translated into graphs that make it easy for seafarers to use the system. Tank
testing by Akishima Laboratories showed that appropriate trim adjustments can
significantly reduce wave drag, and these results were confirmed in practical
tests using the car carrier.</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"></SPAN> </P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"></SPAN><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">The optimum trim system is one of
the elemental technologies MOL is promoting in its Sempaku ISHIN project to
develop concepts for next-generation vessels. The company will adopt the optimum
trim system on additional types of ships in a proactive approach combined with
the optimal operational system together to reducing CO<SUB>2</SUB> emissions on
a fleet-wide basis.</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"></SPAN> </P><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"><Reference></SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"><FONT face=Arial>* The
term “trim” for vessel means the lengthwise inclination of the hull. To put it
concretely, trim indicates the difference between bow draft and aft draft. “Trim
by bow” means that the bow draft is deeper than the aft draft, while “trim by
aft” means the opposite.</FONT></SPAN></P></SPAN></SPAN></DIV></BODY></HTML>
<HTML><HEAD><TITLE></TITLE>
<META content="text/html; charset=unicode" http-equiv=Content-Type>
<META name=GENERATOR content="MSHTML 8.00.6001.18904"></HEAD>
<BODY>
<DIV><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 11pt">
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><B><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">ROTTERDAM, 6 April
2011</SPAN></B><B><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"> –
</SPAN></B><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">Mitsui O.S.K.
Lines, Ltd. (MOL; President: Koichi Muto) today announced the joint development
of an optimum trim system for vessels, along with Akishima Laboratories (Mitsui
Zosen) Inc. </SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"></SPAN> </P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_yiv1924622065msonormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt" lang=EN-US>A pilot test of the
system, using a 6,400-unit car carrier, showed an increase of up to 4% in
fuel efficiency compared to a conventionally equipped vessel, which in turn
contributes to a significant reduction in CO<SUB>2
</SUB>emissions.</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_yiv1924622065msonormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt" lang=EN-US></SPAN><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt" lang=EN-US></SPAN> </P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">The optimum trim system
quantitatively assesses MOL captains’ extensive practical knowledge of vessel
running attitudes through tank testing and actual ship test. This data is
translated into graphs that make it easy for seafarers to use the system. Tank
testing by Akishima Laboratories showed that appropriate trim adjustments can
significantly reduce wave drag, and these results were confirmed in practical
tests using the car carrier.</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"></SPAN> </P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"></SPAN><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">The optimum trim system is one of
the elemental technologies MOL is promoting in its Sempaku ISHIN project to
develop concepts for next-generation vessels. The company will adopt the optimum
trim system on additional types of ships in a proactive approach combined with
the optimal operational system together to reducing CO<SUB>2</SUB> emissions on
a fleet-wide basis.</SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"></SPAN> </P><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"><Reference></SPAN></P>
<P style="MARGIN: 0cm 0cm 0pt" class=x_MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"><FONT face=Arial>* The
term “trim” for vessel means the lengthwise inclination of the hull. To put it
concretely, trim indicates the difference between bow draft and aft draft. “Trim
by bow” means that the bow draft is deeper than the aft draft, while “trim by
aft” means the opposite.</FONT></SPAN></P></SPAN></SPAN></DIV></BODY></HTML>