Mitsubishi Shipbuilding completes conceptual study of ammonia/LCO2 carrier

The extensive study was conducted with Mitsui OSK Lines and provides the basis for a vessel with the potential to become mainstream in the LCO2 carrier market by meeting the projected increase in demand for transporting ammonia and LCO2.

Ammonia is projected to be used widely in the future, and LCO2 carriers are set to play an important role in a future carbon dioxide capture, utilisation, and storage (CCUS) value chain, with MHI Group estimating the volume of CO₂ reduction due to CCUS will amount to 4.3 to 13.0Bn tonnes annually by 2050.

The vessel developed through this conceptual study is designed to carry ammonia on its outward journey, and LCO2 on the return trip. Specific carriers for each material normally run empty on their return voyage, so a ship able to handle both substances will increase operational and transport efficiency.

Mitsubishi Shipbuilding will continue to develop the technology further based on the knowledge acquired and technical issues encountered through this project. The company will work with maritime and petroleum development corporations with the aim of commercialising the vessel.

In addition, considering the entire value chain, Mitsubishi Shipbuilding will continue to develop various types of ships based on this design to respond flexibly to customer needs.