Japan, May 22 -- Mitsui O.S.K. Lines, Ltd. (MOL) announced that it has decided to order a new LNG-fueled very large crude carrier (VLCC) to sail under a long-term time charter contract with Idemitsu Tanker Co., Ltd.. It will be the first dual-fuel VLCC to be chartered to a Japanese oil company, and will be built at Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS; Dalian, China), which is jointly operated by Kawasaki Heavy Industries, Ltd. and China COSCO Shipping Corporation Limited, with delivery slated for 2027.MOL established the "MOL Group Environmental Vision 2.2" with the target of achieving net zero greenhouse gas (GHG) emissions by 2050. LNG fuel reduces carbon dioxide emissions by about 25%-30% compared to conventional fuel oil....