December 17, 2019
Mitsui O.S.K. Lines, Ltd.
e5 Lab. Inc.

MOL and e5 Lab Launch Study on Hydrogen Hybrid Pure Car Carrier~ MOU Aims at Development of Zero-emission Vessels ~TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) and e5 Lab.
Inc. (e5 Lab; President: Tomoaki Ichida; Headquarters: Chiyoda-ku, Tokyo), which areworking to develop and promote electrically powered zero emission vessels, haveconcluded a Memorandum Of Understanding (MOU) to conduct a joint study of a hybridpure car carrier equipped with a hydrogen fuel cell system and large-capacity batteries(hydrogen hybrid PCC).
The companies aim to develop a hydrogen hybrid PCC, which do not emit carbon
dioxide (CO2), sulfur oxides (SOx), nitrogen oxides (NOx), or particulate matter (PM)while underway in coastal waters or in ports, in other words, achieving “zeroemissions,” since its propulsive force would come from electricity supplied by thehydrogen fuel cell system and large-capacity batteries. When navigating in the open
sea, the hydrogen hybrid PCC’s motor would be powered by an LNG-fueled generatorand the large-capacity batteries, resulting in significantly lower emissions than current
vessels equipped with diesel engines that run on heavy oil.
<Image: Transition of propulsive force sources during voyage>(**) Companies aim to reduce CO2 emissions by 50% through hybrid technology, alternate
energy, hull design, and improvement in operation, etc.

MOL has worked to realize zero emissions of vessels while in ports since it announced
its future vision for the next-generation series “ISHIN-I” car carrier in 2009. In 2012, it
launched the world’s first hybrid car carrier, the Emerald Ace, which is equipped withthe world’s largest-scale solar power generation system and batteries. The hydrogenhybrid PCC concept marks a further step ahead from these past projects, and thecompany is pursuing the possibility of introducing more extensive and more advanced
technologies with the goal of zero emissions.

Both companies will first conduct technological and business feasibility studies of thehydrogen hybrid PCC, and when they gain positive results, they will move on to thenext phase of joint development for a practical of hydrogen hybrid PCC based on theresults.
MOL and e5 Lab continually engage in measures to reduce merchant vessels’
environmental impact by taking full advantage of both companies’ wide-ranging
technological knowledge to ensure the sustainable growth of the shipping industry.
About e5 Lab
Shipping solution provider based on vessel electrification and digitalization. e5 Lab
leverages technology and know-how networks related to electrically powered vessels tosolve issues facing the shipping industry and social infrastructure in Japan, contributing
to sustainable growth of the shipping industry.
e5 Lab delivers five kinds of e-value ("Electrification," "Environment,", “Efficiency”,“Economics”, and "Evolution).
URL: http://e5ship.com
e5 project promotion video: https://youtu.be/JLDTYzr3Jt0
For further information, please contact:■ Mitsui O.S.K. Lines, Ltd.
Media Relations Team, Corporate Communication Division
Mitsui O.S.K. Lines, Ltd.
Email: mrtmo@molgroup.com /TEL: +81 3 3587 7015 / FAX: +81 3 3587 7705
■ e5 Lab. Inc.
E-mail: project@e5ship.com