Asahi Tanker, Exeno Yamamizu, MOL and MC Agree on Strategic Partnership To Develop Zero-emission Fully Electric Vessels

TOKYO— Asahi Tanker Co., Ltd., Exeno Yamamizu Corporation, Mitsui O.S.K. Lines Ltd., and Mitsubishi Corporation today announced their agreement to create a strategic partnership to provide new infrastructure services in the marine shipping industry that focus on electrically powered vessels. Their newly established company, e5 Lab. Inc. (e5 Lab) will work to develop and promote the greater use of these relatively clean modes of marine transport.

Please see the attached News Release