MOL to work with Petronas on liquefied CO2 transportation

Japan’s Mitsui OSK Lines (MOL) will work with Petroliam Nasional (Petronas), the state-owned energy company of Malaysia, to study liquefied CO2 transportation, getting its partially owned CO2 specialist Larvik Shipping onboard in the project.

MOL entered the business of transporting liquefied CO2 by sea in March 2021, when it invested in Larvik Shipping, which has managed industrial liquefied CO2 vessels in Europe for over 30 years.

MOL is also involved in the Australian offshore CCS hub project – the deepC Store project, which consists of capturing CO2 from industrial sources in Australia and the Asia-Pacific region, shipping of liquid CO2 to CO2 floating storage and injection (FSI) hub facility offshore Australia, and a CO2 injection well for storage in a subsurface storage complex near the FSI hub facility.

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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