Japan’s Mitsubishi Shipbuilding has partnered up with French energy giant TotalEnergies to carry out a feasibility study for the development of liquefied CO2 carriers (LCO2 carriers).
TotalEnergies has been involved in several carbon capture, utilisation and storage (CCUS) projects, including the Northern Lights in Norway, while Mitsubishi Shipbuilding has been actively pursuing commercialisation of LCO2 carriers as it believes demand for these vessels is expected to increase in the future, backed by growing interest in these decarbonisation technologies.
“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,” said Bruno Seilhan, vice president of CCUS at TotalEnergies.
The Japanese shipbuilder said the joint project is expected to make a significant contribution to the establishment of a CO2 ecosystem in the CO2 transport sector, which will be an essential component of the CCUS value chain.
