Kawasaki Kisen Kaisha (K Line) has joined a consortium of Japanese companies to participate in an initiative to promote the research and development of liquified CO2 for maritime transportation.
The carrier said it will undertake a carbon dioxide capture, utilisation and storage (CCUS) technology demonstration to effectively capture and utiilise CO2 emissions from fossil power generation and industrial processes.
The CCUS is expected to play a key role in helping the carrier achieve carbon neutrality by 2050. With its partners it will jointly develop technologies for liquified CO2 for use in commercial maritime transportation and also for the transit of the product itself.
“Utilizing our expertise in liquefied gas (LNG/LPG) transportation business and know-how accumulated over many years, we are committed to the safe operation of liquefied gas carriers and professional handling of liquefied gas cargoes,” K Line said.
“Based on such extensive experience of safe navigation and cargo operation of liquefied gas carriers and demonstration project of HySTRA(R1), K Line will conduct a safety / environmental evaluation during navigation and cargo operation for the demonstration liquefied CO2 carrier and establish technical guidelines.
“The K LINE Group is promoting its efforts to reduce greenhouse gas (GHG) emissions in accordance with its “K” LINE Environmental Vision 2050 and will contribute to the realization of a carbon-neutral society through this demonstration project of liquefied CO2 marine transportation.”