MOL Signs MOU with Madoqua & Other Global Leaders to Develop Green Corridor Connecting Portugal to Northern Europe
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) announced the signing of a memorandum of understanding (MOU) to develop a green corridor connecting Portugal to Northern Europe with Madoqua Renewables Holding Lda (Madoqua)(Note) and other global leaders (figure below). Madoqua is a renewable energy developer and will be the project coordinator, focused on driving collaboration across the entire value chain. The MOU reinforces MOL’s leadership in sustainable shipping innovation.
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