The Engineering Advancement Association of Japan (ENAA), one of the consignees for the NEDO demonstration projects, will charter the ship from Sanyu Kisen, and install and operate the LCO2 marine tank system used to conduct research and development.
Three additional project partners, Kawasaki Kisen Kaisha, Ltd. (“K” LINE), Nippon Gas Line Co., Ltd., and Ochanomizu University, will be commissioned by ENAA to conduct R&D on the pressure control and stability of the LCO2 transported on the ship, and plan demonstration experiments, as well as develop and demonstrate technologies for safe and low-cost CO2 transport.
Mitsubishi Shipbuilding is in charge of all aspects from the ship design through construction, including the cargo containment system, applying its gas handling technologies and expertise cultivated through the construction of liquefied gas carriers (both LPG and LNG types).
Representatives from Sanyu Kisen, Nippon Gas Line, and “K” LINE attended the launch ceremony. Following outfitting and sea trials, the ship is scheduled to be handed over in the latter half of fiscal 2023.
Carbon dioxide capture, utilization, and storage (CCUS) is gaining attention as an effective means of achieving a carbon-neutral society. Because the sources of CO2 emissions are often located distant from the sites selected for carbon utilization or storage, demand is expected to increase for LCO2 carriers able to transport such cargo safely and economically. Mitsubishi Shipbuilding will draw on its experience constructing this vessel to bolster its business for MHI Group’s energy transition strategy, and will develop the various technologies for LCO2 vessels necessary to establish a CCUS value chain.
MHI Group is pursuing strategic measures to strengthen its business for the energy transition. For its part in this initiative, Mitsubishi Shipbuilding, in its “MARINE FUTURE STREAM” growth strategy, has laid out a vision for the decarbonization of the maritime economy through renewable energy and the carbon cycle, along with a safe and secure society through autonomy and electrification, and is working to generate new ideas in marine-related innovation and make them a reality. As part of this effort, Mitsubishi Shipbuilding will actively pursue development and commercialization of LCO2 carriers, and as a marine systems integrator, aim to achieve decarbonization.
Shipping News You Would Like:
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Latest Shipping News You Would Like:
Get the Latest Maritime News Delivered to Your Inbox!
Our free, fast, and fun newsletter on the global maritime industry, delivered everyday.