Mitsubishi Shipbuilding and Nihon Shipyard launch study for LCO2 carrier
Mitsubishi Shipbuilding, Nihon Shipyard and Japan Marine United Corporation have started a joint study for the development of an ocean-going liquified CO2 (LCO2) carrier.
According to Mitsubishi, this project will take advantage of the knowledge of gas handling technology it has acquired, as well as the shipbuilding experience that Nihon Shipyard has accumulated over the years.
Going forward, Mitsubishi Shipbuilding and Nihon Shipyard hope to provide the world with the LCO2 carriers necessary to establish a CCS value chain, and contribute to the realization of a carbon neutral world.
Nihon Shipyard is pursuing this project with the aim of completing construction of the vessel from 2027 onwards.
Why industry sees a growing demand for CO2 carriers: 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.