June 4, 2024

MOL Techno-Trade, Ltd.

Japan Institute of Marine Engineering Honored “Achievement of

Predecessors for the Future“ to Guinness World Record-recognized,

Energy-Saving Device ‘PBCF (Propeller Boss Cap Fins)’

TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that Propeller Boss Cap Fins (PBCF), an energy-saving device attached to the propeller cap of a vessel, sold by MOL Group company MOL Techno-Trade, Ltd. (President: Yoshikazu Kawagoe; Headquarters: Chiyoda-ku, Tokyo), has been recognized for its pioneering role in technologies that contribute to the decarbonization of the shipping industry, in the past and the future. PBCF earned certification under “Marine Engineering’s Wake – Achievements of Predecessors for the Future” from the Japan Institute of Marine Engineering, one of the nation’s three major ship- and ocean-related societies.

For details, please refer to MOL’s website.