NYK and KNCC are collaborating with Nihon Shipyard to conduct a feasibility study for building a 40,000 cubic meter LCO2 carrier. This vessel will use KNCC’s proprietary LCO2-EP technology for storing and transporting liquefied carbon dioxide, reports NYK.
Reducing GHG Emissions
CCS (Carbon dioxide Capture and Storage) is a technology to capture CO2 at the source — such as power plants, chemical plants, and the like — by separating CO2 from other gases, compressing the CO2 for transportation, and then injecting the CO2 deep into underground or undersea rock formations at a carefully selected and safe site, where the CO2 is permanently stored.
CCS technology is attracting attention as a way to achieve a carbon-neutral society. This initiative aims to contribute to the establishment of a CCS value chain and the reduction of greenhouse gas emissions.
Tsutomu Yokoyama, Executive Officer, NYK said:
“This joint study with NSY will be another key milestone for us as it will provide the capability through KNCC to offer LCO2-EP marine transportation service in addition to MP and LP. We will continue to study the establishment of a system for the construction of LCO2-EP vessels to support the development of CCS projects globally.”
Oliver Hagen-Smith, CEO, KNCC said:
“We are pleased to announce a joint study with NSY on constructability of LCO2-EP terminal-to-terminal vessels. The innovative design of the LCO2-EP Cargo Tanks features vertical cylinders that can be mass-produced through automated processes using standard materials. This may optimize and reduce the construction time. The modular design potentially allows more shipyards to participate, utilizing existing facilities and infrastructure, which broadens industry engagement and enhances efficiency. We are confident that this study will bring significant benefits in cost-effectiveness, quality, and scalability to the maritime construction sector.”
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Source: NYK
