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From gCaptain: "Japanese shipping company Mitsui O.S.K. Lines (MOL) and Chevron have signed a memorandum of understanding (MOU) for a strategic alliance aimed at reducing the carbon intensity of marine fuels, as well as other decarbonization technologies in shipping.
The companies plan to conduct joint research into next-generation fuels and safety measures to help with the shipping’s industry’s efforts to reduce its greenhouse gas emissions. They will also look to collaborate on a variety of potential business opportunities that lead to a lower-carbon future."
You can read the full article about this initiative here!
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