Mitsubishi Shipbuilding, part of MHI Group, has initiated a feasibility study with energy major TotalEnergies to develop a liquefied CO2 (LCO2) carrier
LCO2 carriers play a pivotal role in transporting CO2 from its emission sources to storage sites or facilities for utilisation, and demand for these vessels is expected to increase in the future.
MHI Group said it hopes to further the development of low carbon technologies to reduce the volume of CO2 emissions in the oil and gas industry. In line with those ambitions, the Group said it is pursuing measures to establish a CO2 ecosystem.
Mitsubishi Shipbuilding president Toru Kitamura said, “We are pleased TotalEnergies, which plays an important role in the world’s leading CCUS value chain market, has expressed high regard for our technology and experience. We believe LCO2 carriers are an effective solution for achieving a decarbonised world. We will continue to actively pursue technology development in co-operation with partners seeking to achieve decarbonisation using LCO2 carriers, with the aim of market formation for the CCUS value chain.”
TotalEnergies vice president CCUS Bruno Seilhan said, “We are pleased to partner with Mitsubishi, whose expertise in shipbuilding is well proven, to study large tonnage liquid CO2 carrier opportunities. Such vessels will be key to accommodate the expected surge in transported CO2 volumes for geological storage triggered by the acceleration in net-zero carbon targets worldwide and to meet world industrial emitters’ needs. It is fully aligned with our climate ambition to get to net-zero emissions by 2050.”
While the companies did not expand on the intricacies of the joint project, they noted both TotalEnergies and MHI Group will continue to develop and offer a wide range of technologies related to LCO2 carriers.
Carbon capture technologies, utilisation, and storage (CCUS) is attracting attention as an effective means to decarbonise shipping. Scrubber manufacturer Wärtsilä is looking at developing scrubbers that can capture carbon aboard ships and industry experts have spoken to Riviera Maritime Media about carbon capture’s potential and its role in shipping’s fuel transition.
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