MOL to issue shipping’s first blue bonds

Japan’s Mitsui OSK Traces (MOL) will develop into the primary shipowner on the earth to problem blue bonds subsequent month.

All of the proceeds from the general public providing in Japan’s home market will go on investments to contribute in the direction of a sustainable blue economic system. MOL has a raft of inexperienced tech it’s engaged on together with its exhausting sails (pictured).

MOL is planning to boost Yen10bn ($70.4m) in five-year bonds.