The Japanese Shipowners’ Association has announced that the Japanese shipping industry will take on the challenge of 2050 net-zero GHG. One of its most significant initiatives is e5 Lab Inc., a consortium comprising Asahi Tanker Co., Ltd., Exeno Yamamizu Corporation, Mitsui O.S.K. Lines, Ltd. and Mitsubishi Corporation, with the purpose of developing renewably powered commercial ships.
Addressing the decarbonization challenges facing Japan’s ocean shipping and maritime industries, e5 Lab has...