Hy2gen, the global project developer, owner, and operator of renewable hydrogen and hydrogen derivative production facilities, today announces the signing of a memorandum of understanding with Japan’s Mitsui O.S.K. Lines Ltd., one of the world’s largest shipping companies.

The agreement includes a joint study of supply solutions using e-methanol as a maritime fuel. This fuel will be produced as part of Hy2gen’s NAUTILUS project. Considering MOL’s global reputation, Hy2gen sees this agreement as another positive development towards becoming the leading company in the renewable fuels market together with international partners.

Cyril Dufau-Sansot, CEO of Hy2gen, expresses his enthusiasm: “We are proud to become a close partner and supplier to such a global player in the shipping industry. We are looking forward to supporting MOL with our products. The renewable methanol from Friesoythe will be important for the decarbonisation of the shipping industry worldwide.”

The renewable methanol will be produced at the Friesoythe site, near the C-Port on the Küstenkanal. Renewable hydrogen and CO₂ from a neighbouring biogas plant make the methanol a renewable fuel of non-biological origin (RFNBO) according to the Delegated Act definition of the EU. Production at the plant is scheduled for early 2028.