Green Bond Fact Sheet

This fact sheet from the Climate Bonds Initiative details a JPY 5 billion green bond issued by Mitsui O.S.K. Lines on August 30, 2018, to finance low-emission shipping technologies and vessels.

• Mitsui O.S.K. Lines issued a senior unsecured green bond on August 30, 2018, with a total amount of JPY 5 billion (approximately USD 45 million) and a maturity date of August 30, 2023.
• The proceeds of the bond are designated for financing and refinancing specific shipping technologies, including LNG-fuelled ships, LNG-bunkering ships, SOx scrubber systems, and ballast water management systems.
• The issuer has committed to excluding the transport of products related to controversial activities, such as oil shale, tar sands, and coal, using the financed vessels.
• The bond supports two specific energy-saving initiatives: Upgraded Propeller Boss Cap Fins (PBCF), which are expected to provide 5% energy savings, and the Wind Challenger Project, a University of Tokyo research project for rigid sail systems aiming for up to 50% energy savings on cargo vessels.
• The Climate Bonds Initiative notes that while LNG-fuelled vessels are currently the lowest-emission asset option, they are insufficient for a long-term 2-degree decarbonisation trajectory.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-08%20JP%20Mitsui%20O_S_K_%20Lines.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-08%20JP%20Mitsui%20O_S_K_%20Lines.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=31 August 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-08%20JP%20Mitsui%20O_S_K_%20Lines.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = aug, url = {https://www.climatebonds.net/files/drupal-files/files/2018-08%20JP%20Mitsui%20O_S_K_%20Lines.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }