Mitsubishi Shipbuilding and Nihon Shipyard have initiated a joint study for the development of an ocean-going liquefied CO2 (LCO2) carrier.
According to their statement, the project leverages Mitsubishi Shipbuilding’s expertise in designing and constructing liquefied gas carriers (LPG and LNG carriers) and Nihon Shipyard’s shipbuilding experience and technology capabilities. Nihon Shipyard is pursuing this project with the aim of completing construction of the vessel from 2027 onwards.
Following the lead of the EU region, it is expected that CCS projects in Asia will be accelerated by the promotion of national governments, it will be essential to establish a shipbuilding framework in Japan to meet the demand for LCO2 carriers, the statement notes.
Demand for LCO2 carriers is expected to grow in the future as a means to transport large volumes of CO2 safely for CCS (Carbon dioxide Capture and Storage) projects, in which captured CO2 is stably stored underground.
