Mitsui O.S.K. Lines Co., Ltd.
Signed a memorandum of understanding with Dubai DP World to strengthen finished vehicle logistics business in the Middle East and create decarbonized business opportunities
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Mitsui O.S.K. Lines, Ltd. (President: Tsuyoshi Hashimoto, Head Office: Minato-ku, Tokyo, hereinafter referred to as “MOL”) and DP World (Group Chairman and CEO: Sultan Ahmed Bin Sulayam, Head Office: Dubai, hereinafter “DPW”) are located in the United Arab Emirates ( Announced the signing of a memorandum of understanding (MoU) to collaborate on the finished vehicle logistics business at Jebel Ali Port in the UAE and to collaborate on reducing carbon dioxide emissions at ports and maritime industries in the Middle East, including the UAE. Did. The signing ceremony was held between Ajay Singh, Managing Executive Officer of MOL South Asia and Middle East Region, and Abdullah bin Damisan, CEO of DPW, and was held at the Jebel Ali Free Trade Zone 15 Al Majlis Conference in conjunction with COP 28. It was held in a room.
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Signing ceremony (from left: Mitsui O.S.K. Lines Managing Executive Officer Ajay Singh, DPW CEO Abdullah bin Damisan)
The two companies aim to collaborate in the finished vehicle logistics business at Jebel Ali Port, and with regard to decarbonization, they will consider introducing clean fuel for use in ships calling at ports in the Middle East and ports in the Middle East, as well as other related decarbonization projects. Develop.
DPW’s Abdullah bin Damisan said: “DPW and MOL have shared a vision for sustainable and outstanding global maritime logistics. We look forward to strengthening our partnership through this MoU in the future. We will now bring together the expertise of both companies to strengthen the automotive supply chain and explore the decarbonization of the maritime industry in the UAE and wider Middle East region.”
Ajay Singh of Mitsui O.S.K. Lines said: “We are proud to strengthen our relationship with DPW. We have always been a major user of Jebel Ali Port, and this new initiative will expand our business areas there. We will consider investing in facilities to further expand our business.This will make Jebel Ali Port a highly efficient and modern gateway that will contribute to the development of our automotive logistics business in the Indian Ocean region. Additionally, the decarbonization project is consistent with our environmental roadmap, and through this project, we will shift the fuel of many ships calling at ports in the Middle East to clean fuels, and strengthen the clean fuel supply chain in the Middle East region. We aim to expand.” Mitsui O.S.K. Lines has positioned environmental strategy as one of its main strategies in its new management plan “BLUE ACTION 2035,” and the “MOL Group Environmental Vision 2.2” aims to achieve net-zero greenhouse gas (GHG) emissions by 2050. I have set a goal to. Through our partnership with DPW, we aim to reduce GHG emissions from ports and vessels operating in the UAE and the Middle East, contributing to the realization of a low-carbon and decarbonized society.
-Company Profile-
Mitsui O.S.K. Lines Mitsui O.S.K. Lines is headquartered in Japan and is one of the world’s leading shipping companies, operating
approximately 800 ships around the world. Mitsui O.S.K. Lines develops a variety of social infrastructure businesses, technologies, and services with a focus on shipping in order to meet the ever-changing needs of society, such as environmental conservation. MOL’s fleet includes dry bulkers, LNG carriers, car carriers, tankers, etc. In addition to our traditional shipping business, we are also developing social infrastructure businesses such as terminals, logistics, and offshore wind power generation, as well as wellbeing businesses such as real estate, cruises, and ferries. With one of the world’s largest fleets and approximately 140 years of history, experience, and technology, we will make the leap into becoming a global social infrastructure company, supporting people’s daily lives from the blue sea, creating a prosperous future, and working to support all stakeholders. We will continue to deliver new value to Homepage: https://www.mol.co.jp/
DP WorldDPW operates Jebel Ali Port and Jebel Ali Free Trade Zone (Jafza). Jafza is the largest automobile handling port and largest used car trading center in the Middle East, with a total area of 1.53 million square meters of facilities. The company’s facilities include a RORO terminal at Jebel Ali Port, capable of handling 1 million car equivalent units (CEUs) annually, including up to 27,000 CEUs within its wharf. , home to the region’s largest multi-story facility. Homepage: https://www.dpworld.com/