Japan's MOL Signs Annual LNG Bunkering Agreement with Canada's Seaspan Energy for Port of Vancouver
2026-05-22 15:42
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en.Wedoany.com Reported - Mitsui O.S.K. Lines (MOL) has signed its first annual contract with Seaspan Energy Ltd. for liquefied natural gas (LNG) bunkering of car carriers at the Port of Vancouver, Canada, and completed the first bunkering operation under this contract on April 29.

Since completing its first LNG bunkering on the west coast of North America on March 1, 2025 (Note 2: a first for a Japanese shipping company), MOL has carried out multiple bunkering operations in the region. North America is one of the key trade routes for car carriers, and with the recent delivery of a new batch of LNG-powered vessels, securing a stable LNG fuel supply in the region has become increasingly important. This contract reflects MOL's commitment to establishing a stable and seamless regional LNG fuel procurement framework.

The MOL Group will adopt alternative fuels as one of its key strategies to achieve the net-zero greenhouse gas emissions target set out in the "MOL Group Environmental Vision," and plans to actively adopt LNG in the short term as its primary fuel for the low-carbon transition, given its ease of application and economic viability. MOL will continue to expand the service areas for LNG-powered vessels and actively support the development of clean supply chains.

MOL is among the first car carrier operators to receive LNG bunkering services at the Port of Vancouver. Seaspan Energy stated that it is proud to continue supporting MOL's operations in Vancouver through this annual LNG bunkering agreement, noting that this partnership reflects both parties' shared commitment to advancing low-emission maritime transport and supporting the industry's transition towards net-zero greenhouse gas emissions.

Daisuke Fujihashi, General Manager of MOL's Marine Fuel GX Division, said he is pleased to further strengthen the partnership with Seaspan Energy through this LNG fuel procurement contract, and will continue to deepen cooperation in the field of clean fuels (including bio-LNG), consistently providing customers with more pathways to cleaner supply chains.

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