Mitsubishi Shipbuilding and TotalEnergies To Jointly Develop Liquefied CO2 Carrier

Japan-based Mitsubishi Shipbuilding has joined hands with TotalEnergies, the French energy giant, to conduct a feasibility study for developing of a liquefied CO2 (LCO2) carrier.

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Bruno Seilhan, the Vice President of CCUS, at TotalEnergies, said, “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.”

TotalEnergies is well known for being actively involved in several carbon capture, utilization and storage (CCUS) projects, which includes Norway’s Northern Lights, while Mitsubishi Shipbuilding has been involved in the commercialization of LCO2 carriers. The company expects the demand for these vessels to increase in the near future, thanks to the growing interest in decarbonization technologies.

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This joint project would be making a significant contribution in establishing a CO2 ecosystem, in the CO2 transport sector. This would serve to be a significant component of the CCUS value chain, said Mitsubishi Shipbuilding.

Toru Kitamura, the President of Mitsubishi Shipbuilding, said, “We believe that LCO2 carriers are an effective solution for achieving a decarbonised world. We will continue to actively pursue technology development in cooperation with partners seeking to achieve decarbonisation using LCO2 carriers, with the aim of market formation for the CCUS value chain.”

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