Mitsui O.S.K. Lines, Ltd. announced that it acquired Approval in Principle for design of a large-scale liquefied carbon dioxide carrier from Nippon Kaiji Kyokai.
At the initial stage of design or before the specific target ship to be implemented is determined, the design is examined based on existing regulations such as international conventions and ship classification rules, and an AiP is issued as proof of conformity with requirements.
In June 2021, MOL launched research and development on the adoption of a large-scale liquefied CO2 carrier in response to a call for proposals by Japan’s New Energy and Industrial Technology Development Organization – NEDO to complete the conceptual design, under a project entrusted by NEDO to Japan CCS Co., Ltd. The vessel design is one element of NEDO’s “CCUS R&D and Demonstration Related Project/Large-scale CCUS Demonstration Project in Tomakomai/Demonstration Project on CO2 Transportation.”
The large-scale liquefied CO2 carrier is intended as a practical solution to the need for long-distance transport of CO2 on a scale of 1 million tons a year, based on NEDO’s vision to implement CCUS technology.
“MOL Group Environmental Vision 2.1” sets the following goal: “With concerted effort throughout the Group, achieve net zero GHG emissions by 2050,” and establishes five strategies to achieve that target. The company will further accelerate its initiative on liquefied CO2 transport through R&D in this demonstration project, contributing to the realization of a low- and de-carbonized society.
MOL Group will contribute to realizing a sustainable society by promoting responses to sustainability issues, which are identified as social issues that must be addressed as priorities through its business.