Kawasaki Kisen Kaisha, Ltd. (K LINE) has established an agreement with TOKYO GAS CO., LTD. (Tokyo Gas) to conduct a cooperative research of liquefied CO2 maritime transportation with the goal of attaining carbon dioxide capture and storage (CCS).
The Japanese government considers CCS to be one of the most important ways for reaching carbon neutrality, with the goal of storing 120 to 240 million tonnes per year by 2050.
The research group’s final report for a long-term CCS strategy argues that taking use of the excellent storage capacity overseas is a viable alternative.
This requires the liquefaction of CO2 and marine transportation of the liquefied CO2 to a place suitable for CO2 storage.
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Both firms will simulate maritime transportation of liquefied CO2 to storage facilities in Japan and the Asia-Pacific region for CO2 released in the Tokyo metropolitan area, as well as investigate the economic efficiency and operational aspects of liquid CO2 transportation by ship.
According to the study’s findings, both companies seek to contribute to carbon neutrality in the Tokyo region by using a range of carbon management strategies, including CCS.
In December 2022, K Line and Northern Lights JV DA signed contracts for two 7,500 cubic metres liquefied CO2 ships.
