MOL and K Line set out to develop large liquefied CO2 carriers

Mitsui OSK Lines (MOL) and Kawasaki Kisen Kaisha (K Line), two of Japan’s largest shipping lines, are part of a team setting out to design larger liquefied CO2 carriers.

The Japanese government has been backing the nation’s development of carbon dioxide capture and storage (CCS), carbon dioxide capture and utilisation (CCU) and carbon recycling over the past two years, something that will soon require the need for CO2 transport due to the great distances between CO2 emission sources and storage areas.

Other companies involved in the research and development of the CO2 carrier include Nippon Steel and Itochu Corporation.

MOL entered the liquefied CO2 ocean transport business this year by investing in Norway-based Larvik Shipping while K Line has been carrying out pioneering carbon capture technology at sea over the past year.

Currently, the maximum capacity for transporting liquefied CO2 is approximately 3,600 cu m, or roughly 1,770 tonnes in dedicated CO2 tankers predominantly with specialist operators such as Larvik leading the way.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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