Mitsubishi Shipbuilding and NYK will jointly develop a large-scale liquefied CO2 carrier, following the steps of MOL and K Line.
Releasing a statement into the development, NYK noted that carbon dioxide capture, utilization, and storage (CCUS) is attracting attention as an effective means to achieve a carbon neutral world.
LCO₂ carriers will play a vital role in that value chain by transporting liquified CO₂ to storage sites and facilities for utilization, and demand for these vessels is expected to increase in the future
MOL is also cooperating with Mitsubishi Shipbuilding to develop a 50,000 cu m LCO2 carrier, roughly 12 times larger than the biggest such ships in existence today.
MOL and K Line are also colalborating on another team that will design larger liquefied CO2 carriers.
Currently, Japan is supporting the development of carbon dioxide capture and storage (CCS), carbon dioxide capture and utilisation (CCU) and carbon recycling