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

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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...

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

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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...