Joint Study Initiated: Liquefied CO2 Marine Transportation For CCS

50

  • Agreement between “K” LINE and TOKYO GAS CO., LTD. for a joint study on liquefied CO2 marine transportation.
  • Conduct simulation of marine transportation of liquefied CO2 to storage sites.
  • Exploration of utilizing overseas storage potential for achieving CCS goals.

Agreement between “K” LINE and TOKYO GAS CO., LTD. for a joint study on liquefied carbon dioxide (CO2) marine transportation.

Focus on achieving carbon dioxide capture and storage (CCS) in line with the Japanese government’s goals for carbon neutrality, reports K Line.

Study Objectives

Conduct simulation of marine transportation of liquefied CO2 to storage sites in Japan and the Asian-Pacific region.

Evaluate economic efficiency and operational aspects of liquefied CO2 transportation by ship.

Significance

Aligned with the Japanese government’s aim to store 120 to 240 million tons of CO2 annually by 2050.

Exploration of utilizing overseas storage potential for achieving CCS goals.

Carbon Neutrality in Tokyo Region

Study to contribute towards carbon neutrality in the Tokyo metropolitan area. Explore various carbon management solutions including CCS.

“K” LINE’s Environmental Commitment

Implementation of initiatives in line with “Environmental Vision 2050” for low-carbon and carbon-free operations.

Plans to commence the world’s first full-scale CCS transport next year.

Anticipated operation of liquefied CO2 carriers in Japan and overseas in the future.

Utilization of knowledge gained from operations, including the joint study, for sustainable business development and increased corporate value.

Did you subscribe to our daily newsletter?

It’s Free! Click here to Subscribe!

Source: Kline