JCN Newswire
Read More

Mitsubishi Shipbuilding and MOL Acquire AiP for LCO2 Carrier from DNV under Joint Development

ruth
3 minutes

TOKYO, Sep 7, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding Co., Ltd. and Mitsui O.S.K. Lines, Ltd. today announced the acquisition of Approval in Principle (AiP)(1) for their jointly developed liquefied CO2 (LCO2) carrier from the Norwegian classification society Det Norske Veritas AS (DNV). The presentation ceremony took place on September 5 at Fiera Milano, the venue of Gastech 2022, a major international conference on global energy and environmental issues, including natural gas, LNG, and hydrogen, held in Milan, Italy.AiP presentation ceremony held at Gastech 2022The LCO2 carrier that underwent a Hazard Identification Study (HAZID)(2) and received an AiP is a 50,000m3-class vessel for which the two companies completed a joint concept study in November 2021. The vessel design incorporates tank pressure specifications for larger vessels in the future. Mitsubishi Shipbuilding and MOL are also integrating the knowledge of an MOL-invested company, Norway-based Larvik Shipping AS, which has managed LCO2 vessels in Europe for more than 30 years. The HAZID was implemented in line with actual operations.Mitsubishi Shipbuilding and MOL will leverage their respective ...

JCN Newswire
Read More

Mitsubishi Shipbuilding Acquires Approval in Principle (AIP) from France’s Classification Society for Spherical Cargo Tank System for LCO2 Carriers

ruth
3 minutes

TOKYO, Jun 8, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has acquired Approval in Principle (AIP)(1) from the French classification society Bureau Veritas (BV) for a spherical cargo tank system for liquefied CO2 (LCO2) carriers. A presentation ceremony was held on June 7 at the Metropolitan Expo exhibition center in Athens, Greece, venue for the international shipping exhibition Posidonia 2022.AIP presentation ceremony held at POSIDONIA 2022LCO2 carriers transport liquefied CO2 gas in cargo tanks in a low-temperature, high-pressure state. For that reason, independent Type C tanks as defined by the IGC Code(2) are typically used for the cargo tank system of such vessels. Until now, various tank structures have been available, including cylindrical, bilobed and trilobed designs. Now, Mitsubishi Shipbuilding has succeeded in developing a spherical cargo tank system for LCO2 carriers, applying its advanced technologies in structural analysis and material evaluation cultivated through the design and construction of liquefied natural gas (LNG) carriers equipped with spherical tanks. Development of the ne...

JCN Newswire
Read More

Mitsubishi Shipbuilding and NYK Line Obtain Approval in Principle (AiP) from Classification Society ClassNK for Large LCO2 Carrier

ruth
4 minutes

TOKYO, May 16, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line) have been granted Approval in Principle (AiP)(Note) from the Japanese classification society ClassNK for joint development of CO2 transport technology for liquefied CO2 (LCO2) carriers.Image of an LCO2 carrierLCO2 carriers transport liquefied CO2 at low temperature and high pressure, which is contained in the cargo tank system. Since the design of cargo containment system depend strongly on the condition of liquefied CO2 such as their temperature and pressure, it is an important technical development issue to increase the size of cargo tank systems and hulls for future mass transportation.In the joint development of LCO2 carriers by Mitsubishi Shipbuilding and NYK Line, which is so performed as to resolve such technical issues, the feasibility and compliance with regulations and standards were confirmed for each cargo tank system and hull section, taking into account different tank pressure settings for medium and large vessels, leading to the grant of the AiP.MHI Group is strategically working to strengthe...

JCN Newswire
Read More

Mitsubishi Shipbuilding Completes Conceptual Study for Ammonia/LCO2 Carrier

ruth
3 minutes

TOKYO, Apr 19, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group based in Yokohama, has completed a conceptual study for the design of an "Ammonia/Liquefied CO2 Carrier" capable of transporting both ammonia and liquefied carbon dioxide (LCO2). The extensive study conducted with Mitsui O.S.K. Lines, Ltd. provides the basis for a type of vessel with potential to become mainstream in the LCO2 carrier market by flexibly meeting the projected increase in demand for transporting ammonia and LCO2.Image of "Ammonia/Liquefied CO2 Carrier"Ammonia is a source of stable clean energy projected to be used widely in the future, and LCO2 carriers play an important role in the carbon dioxide capture, utilization, and storage (CCUS) value chain, which is attracting attention as a means to achieve a decarbonized world, by providing a way to efficiently transport recovered LCO2 to storage sites and facilities for effective utilization. MHI Group estimates that the volume of CO2 reduction due to CCUS will amount to 4.3 to 13.0 billion tonnes annually by 2050.The vessel for transporting ammonia and LCO2 developed through this conceptual ...

JCN Newswire
Read More

Mitsubishi Shipbuilding Concludes Agreement on Construction of World’s First Demonstration Test Ship for Liquefied CO2 Transportation

ruth
3 minutes

TOKYO, Feb 2, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding Co., Ltd., a Yokohama-based member of Mitsubishi Heavy Industries (MHI) Group, has concluded a contract with Sanyu Kisen Co., Ltd., a Kobe-based enterprise principally engaged in management of ships navigation in Japanese as well as foreign waters, calling for the construction of a demonstration test ship to transport liquefied carbon dioxide (LCO2) in conjunction with initiatives of the New Energy and Industrial Technology Development Organization (NEDO) in "CCUS R&D and Demonstration Related Project / Large-scale CCUS Demonstration in Tomakomai / Demonstration Project on CO2 Transportation / R&D and Demonstration Project for CO2 Marine Transportation" (the demonstration projects). Construction will get underway at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works, with completion and delivery scheduled for the second half of the fiscal 2023.Conceptual image of the LCO2 demonstration test shipThe Engineering Advancement Association of Japan (ENAA), one of the entities performing business relating to the demonstration projects, will charter the ship from Sanyu Kisen, the subco...

JCN Newswire
Read More

MHI to Participate in “CO2LOS III” Project, Aiming to Achieve Business in CO2 Shipping

ruth
3 minutes

TOKYO, Nov 11, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) will participate in "CO2LOS III" (CO2 Logistics by Ship Phase III), a project to consider issues needing to be addressed in order to achieve business in liquefied CO2 (LCO2) carriers. CO2LOS III is aimed at promoting the development of technologies for transporting LCO2 by ship, as a complement to existing pipeline transport, through a partnership targeting sharing of knowledge and information necessary for understanding future needs and solutions in CO2 transport.Image of an LCO2 CarrierPartners in the project, co-founded by the Norwegian CLIMIT-Demo programme via Gassnova, include MHI, Air Liquide S.A., BP, Brevik Engineering AS, Equinor Energy AS, Gassco AS, SINTEF, TotalEnergies and Mitsubishi Corporation. By collaborating with these leading enterprises of Europe, where decarbonization projects are robust in the area of CO2 transport, an indispensable part of the CCUS (carbon capture, utilization and storage) value chain, MHI anticipates significant contributions to LCO2 carrier development and market expansion.MHI Group will contribute to building a CCUS value chain spanning land a...

JCN Newswire
Read More

Mitsubishi Shipbuilding and Mitsui O.S.K. Lines Complete Concept Study for LCO2 Carrier

ruth
3 minutes

TOKYO, Nov 10, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has recently completed a concept study with Mitsui O.S.K. Lines, Ltd. regarding liquefied CO2 (LCO2) carriers. This project will combine Mitsubishi Shipbuilding's advanced gas handling technologies accumulated through the construction of liquified gas carriers (LPG and LNG carriers), with Mitsui O.S.K. Lines' wealth of knowledge on operations for a wide range of vessels, to facilitate the development of technologies for marine transport of CO2, a field where demand is projected to increase globally.Image of an LCO2 carrierCarbon dioxide capture, utilization, and storage (CCUS) is attracting attention worldwide as an effective means to achieve a carbon neutral world. LCO2 carriers will play a pivotal role in the value chain by transporting LCO2 to storage sites and facilities for utilization, and demand for these vessels is expected to increase in the future.Mitsubishi Shipbuilding is actively pursuing commercialization of LCO2 carriers as part of MHI Group's strategic initiative for the energy transition, bringing together technologies and knowledge g...

JCN Newswire
Read More

Mitsubishi Shipbuilding and NYK Line Agree to Jointly Develop a Large LCO2 Carrier

ruth
3 minutes

TOKYO, Nov 9, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line) have agreed to jointly develop a large-scale liquefied CO2 (LCO2) carrier. To facilitate the development of technologies for transporting CO2 using large vessels, this project will combine Mitsubishi Shipbuilding?s advanced gas handling technologies accumulated through the construction of liquified gas carriers (LPG and LNG carriers), with NYK Line?s wealth of knowledge in operations of not only small and medium-sized vessels, but also large vessels that are expected to increase in demand globally. The two companies will participate in the CCUS value chain based on the development of LCO2 carriers.Image of an LCO2 carrierCarbon dioxide capture, utilization, and storage (CCUS) is attracting attention worldwide as an effective means to achieve a carbon neutral world. LCO2 carriers will play a vital role in that value chain by transporting liquified CO2 to storage sites and facilities for utilization, and demand for these vessels is expected to increase in the future.Mitsubishi Shipbuilding is actively pursuing...

JCN Newswire
Read More

Mitsubishi Shipbuilding Receives Approval in Principle from Classification Society for LCO2 Carrier Cargo Tank from France’s Bureau Veritas

ruth
3 minutes

TOKYO, Sep 2, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has been granted Approval in Principle (AIP)(1) from the French Classification Society Bureau Veritas (BV) for a cargo tank system to be mounted in a liquefied CO2 (LCO2) carrier.MHI Group is pursuing a range of strategic measures to strengthen businesses related to energy transition, and establishing a CO2 ecosystem is a key part of that effort. Further, carbon dioxide capture, utilization, and storage (CCUS) is attracting attention worldwide as an effective means to achieve decarbonization. LCO2 carriers play a pivotal role in transporting CO2 from its emission sources to storage sites or facilities for utilization, and demand for these vessels is expected to increase in the future. Mitsubishi Shipbuilding is responding to this demand by actively pursuing development and commercialization of LCO2 carriers.LCO2 carriers transport liquefied CO2 gas as a liquid in a low temperature, high pressure state. Accordingly, independent Type C tanks as defined by the IGC Code(2) are typically used for the cargo tank system. A structural design based on standards...