Mitsui O.S.K. Lines (MOL) has been granted Approval in Principle (AiP) from ClassNK for design of a large-scale liquefied carbon dioxide (LCO₂) carrier.
In June 2021, MOL launched an R&D project on the development of the carrier in response to a call for proposals by Japan’s New Energy and Industrial Technology Development Organization (NEDO) to complete the conceptual design, under a project entrusted by NEDO to Japan CCS.
“Mitsui O.S.K. Lines (MOL) has been granted Approval in Principle (AiP) from ClassNK for design of a large-scale liquefied carbon dioxide (LCO2) carrier.” “/ /
Source: MOL
Mitsui O.S.K. Lines (MOL) has been granted Approval in Principle (AiP) from ClassNK for design of a large-scale liquefied carbon dioxide (LCO₂) carrier.
The large-scale LCO₂ carrier is intended for long-distance transport ofCO₂ on a scale of one million tons a year, based on NEDO’s vision to implement CCUS technology.
The development is the latest in a string of moves that MOL has made to enter the LCO₂ transport market. In March 2022, MOL announced the completion of a concept study on an /LCO₂ carrier to flexibly meet future demand. MOL cooperated with Mitsubishi Shipbuilding. And in February 2022, MOL and Petronas concluded a Memorandum of Understanding to study LCO₂ transportation for the Asia Pacific region.
Last year, MOL and Mitsubishi Shipbuilding completed a concept study of multiple hull forms for an LCO₂ carrier. MOL also carried out a feasibility study for a liquefiedCO₂ and hydrogen project in Klaipeda, Lithuania, in partnership with Klaipedos nafta and Larvik Shipping.
Earlier in 2021, MOL invested in Norway-based Larvik Shipping, a ship management company for liquefiedCO₂ carriers, marking MOL’s first foray into the LCO₂ ocean transport business.
