MHI Group to Participate in Establishment of The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

Mitsubishi Heavy Industries, Ltd. (MHI) will participate as one of partners in the establishment of The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, a research and development institute to promote decarbonization in the shipping industry being created at the suggestion of A.P. Møller - Mærsk A/S, a global leader in integrated transport and logistics. The Center will be headquartered in Copenhagen, Denmark's capital city, with MHI and six other business corporations and institutions participating in its founding. The Center will mainly target the development of new fuels and technologies for achieving zero carbon in the shipping industry, which currently accounts for roughly 3% of the world's carbon emissions. MHI Group will cooperate primarily through provision of human resources.