MOL, Mitsubishi Shipbuilding receive approval for LCO2 Carrier 

Mitsui O.S.K. Lines and Mitsubishi Shipbuilding September 6 announced the acquisition of Approval in Principle (AiP) for their jointly developed liquefied CO2 (LCO2) carrier from the Norwegian classification society Det Norsk Veritas AS (DNV). 

The LCO2 carrier that underwent a Hazard Identification Study (HAZID) and received an AiP is a 50,000 m3-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. MOL and Mitsubishi Shipbuilding 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.

MOL and Mitsubishi Shipbuilding will leverage their respective and complementary strengths and knowledge to advance this joint development project, and through the newly acquired AiP will continually work to develop various technologies, including LCO2 vessels, which will be essential in building a carbon capture, utilization and storage (CCUS) value chain, thereby contributing to the realization of a carbon-neutral society.

Photo credit: Pixabay/ RAEng_Publications

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