top of page
Writer's pictureTseles John

MOL and KEPCO Collaborate to Create Innovative LCO2 Carrier Design




Mitsui O.S.K. Lines, Ltd. (MOL) and The Kansai Electric Power Co., Inc. (KEPCO) have announced the signing of a service agreement to conduct feasibility research on the design of a liquefied CO2 (LCO2) carrier at shipyards in Japan and overseas.

The agreement comes after the completion of an initial joint study on LCO2 transport based on a Memorandum of Understanding (MoU) between the two companies, under which MOL and KEPCO have been jointly studying the optimal system for ocean transport and storage of LCO2, focusing on CO2 emitted from KEPCO’s thermal power plants to establish a CCS value chain.


Under the terms of the service agreement, the companies will perform research to determine the appropriate ship size for the CCS value chain, which will be built by KEPCO, with the goal of realising maritime transport of LCO2.


The companies aim to accelerate actions toward the realisation of a zero-carbon society through full-scale surveys and studies aimed at the realisation of LCO2 vessels, which will play a key role in the development of the CCS value chain.


In October, MOL and compatriot company Cosmo Oil have joined forces by signing a Memorandum of Understanding (MoU) to study ocean transport, with the goal of establishing a carbon dioxide capture and storage (CCS) value chain.




Buy our first e-book by clicking below:


8 views0 comments

Comments


bottom of page