MOL in cooperation with Mitsubishi Shipbuilding (MSB) have completed a concept study of the multiple hull forms for a liquefied CO2 (LCO2) carrier that can “potentially be the mainstream in the LCO2 shipping market in the near future.”
According to MOL, LCO2 carriers will play an important role in the CCUS (Carbon dioxide Capture Utilization and Storage) value chain.
Now, in order to meet future demand for LCO2 transportation, MOL and MSB have completed concept study of the multi-hull forms which were considered as the most effective and practical.
In order to deal with the volume of cargo transported, the total cargo tank capacity up to around 50 000 m3 were designed with consideration of different tank pressure settings.
Furthermore, aiming, to better respond to customer needs, the partners will make efforts to achieve a larger LCO2 carrier with a high degree of difficulty and develop a variety of ship types.
In addition, MOL will contribute to the realization of a low-carbon and decarbonized society by overcoming the challenges faced in the transportation of LCO2 and accumulating operational knowledge.
MOL has established the “MOL Group Environmental Vision 2.1” and has set a medium and long term goal of achieving net zero GHG emissions by 2050.
For achieving this goal, we have set out five initiatives focuses on climate change. We will contribute to reducing GHG emissions in society through our LCO2 transportation business
MOL concluded.
Recently, MOL shook hands with Vale International SA to conduct a joint study on the installation of a wind propulsion system on a 200,000-ton in-service bulk carrier, which mainly transports iron ore for steel production.
The joint R&D project aims at reducing greenhouse gas (GHG) emissions from vessels while underway, by unfurling the sail placed on ship such as triangular parts of existing cargo handling cranes to use offshore winds to provide additional propulsion force.
