Tag: CO2

This week, Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company, held a launch ceremony for a demonstration test ship for transport of liquefied carbon dioxide (LCO2), to be utilized  by the New Energy and Industrial Technology Development Organization (NEDO) for its demonstration projects. 

The Crown Estate and Crown Estate Scotland have begun the first round of formal engagement with developers on Carbon Capture Utilisation and Storage (CCUS).

According to IEA, global energy-related carbon dioxide emissions rose by under 1% in 2022 – less than initially feared – as the growth of solar, wind, EVs, heat pumps and energy efficiency helped limit the impacts of increased use of coal and oil amid the global energy crisis.

The Kansai Electric Power (KEPCO) has signed the Memorandum of Understanding (MoU) on the joint study of liquefied CO2 shipping for developing Carbon dioxide Capture and Storage (CCS) value chain with K LINE.

K LINE and Northern Lights have signed Bare Boat Charter and Time Charter contracts for two 7,500 m3 liquefied CO2 ships. The ships will be delivered in 2024 and will contribute to the world’s first full-scale carbon capture and storage (CCS) value chain.

The EU Commission announced it will grant Air Liquide, Fluxys Belgium and Port of Antwerp-Bruges €144.6 million for the construction of shared CO2 transport and export facilities on the Antwerp port platform.

The EU’s CO2 regulation of maritime and road transport must be aligned to ensure a level playing field between the two transport modes, says Danish Shipping.

Enbridge and Oxy Low Carbon Ventures (OLCV) announced that they intend to work towards jointly developing a carbon dioxide (CO2) sequestration hub in the Corpus Christi area of the Texas Gulf Coast.

Chevron Corporation, through its Chevron New Energies International subsidiary, and MOL, announced the signing of a Joint Study Agreement (JSA) on the feasibility of transporting liquified carbon dioxide (CO2) from Singapore to permanent storage locations offshore Australia.

Thanks to record deployment of renewables and EVs, the CO2 intensity of the world’s energy supply is improving again after worsening in 2021 when the economy rebounded sharply, says IEA.