Major Step in Establishing Japan’s First Large-Scale Low-Carbon Ammonia Value Chain

Mitsui O.S.K. Lines, announced the signing of a long-term time charter contract with JERA  for two very large gas carriers . The vessels will transport low-carbon ammonia  produced in the Blue Point Project in Louisiana, U.S.-in which JERA has invested-to JERA’s Hekinan Thermal Power Station beginning around fiscal year 2029. This contract marks a major step forward in MOL’s initiative to develop a marine transport system for low-carbon ammonia and achieve Japan’s first large-scale transport of low-carbon ammonia.

MOL and JERA have been discussing a collaboration  on the transport of fuel ammonia since November 2022. This contract was formally concluded based on the memorandum of understanding (MOU) executed in 2025  and aims to establish a commercial-scale value chain for low-carbon ammonia.

In addition to its use in power generation and as marine fuel, ammonia-recognized as a next-generation clean energy source that does not emit CO₂ at the point of combustion-is expected to play an important role in a wide range of fields, including as a hydrogen carrier ^{(Note 4)}, resulting in significantly higher demand.

MOL Group positions environmental strategy as a core pillar of its management plan, “BLUE ACTION 2035,” and has set the goal of achieving net-zero greenhouse gas (GHG) emissions by 2050 under “MOL Group Environmental Vision – BLUE ACTION 2035 Phase 2.” By building a track record of high quality and safe ammonia transport and proactively participating in the development of a low carbon ammonia value chain, MOL Group aims to contribute to the realization of a decarbonized society.