MOL Drybulk and Drax launch green shipping initiative

Leading renewable energy company Drax Group and Japanese shipping company MOL Drybulk Ltd. are working together to reduce the emissions and fuel costs associated with shipping biomass by deploying wind power technology on its vessels. The companies plan to facilitate the development of wind-powered vessels to transport bulk cargoes of Drax’s wood pellets to its customers in Japan, where the biomass is used to generate reliable, renewable energy, which displaces fossil fuels. EFBC-1 (Wind Challenger and Rotor sails) The newly built vessels will be fitted with MOL’s Wind Challenger hard…

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