Mitsui O.S.K. Lines, Ltd. and Kansai Electric Power Company, Incorporated (KEPCO) have signed a memorandum of understanding (MoU) for the joint study of a liquefied H₂ carrier. This is the first such agreement in Japan between a shipping company and a power generation regarding marine transport of liquefied H₂, which is a key element in the establishment of a H₂ fuel supply chain.

Under the MoU, the two companies will conduct a detailed study and review of the optimal vessels and operations in the liquefied H₂ supply chain, as well as the safety of such vessels. The companies will also analyze international laws and regulations related to the marine transport of liquefied H₂.

MOL and KEPCO will continue to study the specifics of marine transport of liquefied H₂ and work toward the establishment of a H₂ supply chain and the realization of a zero-carbon society.