AiP FOR MHI AND NYK’S JOINT LCO2 CARRIER PROJECT

May 16, 2022 | Ship classification news

Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line) have been granted Approval in Principle (AiP) from the Japanese classification society ClassNK for their joint development of CO2 transport technology for liquefied CO2 (LCO2) carriers.

LCO2 carriers will be used to transport liquefied CO2 at low temperature and high pressure, 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 aims to resolve these 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 strengthen the energy transition business, and Mitsubishi Shipbuilding is promoting the development and commercialisation of LCO2 carriers. MHI believes that the grant of the AiP for a large LCO2 carrier will make a significant contribution to the realization of this strategy.

NYK Line believes that the establishment of CO2 transport technology by large vessels will greatly contribute to the realisation of a carbon-neutral society. NYK is working together with the MHI Group, which possesses a wide range of technologies in the carbon capture, utilisation and storage (CCUS) value chain, to achieve the early realisation of not only small and medium-sized vessels but also large LCO2 carriers. Based on the design of the LCO2 carrier granted the AiP, NYK Line will further promote its participation in the CCUS value chain, such as by studying the design of the LCO2 carrier for each project, including further enlargement of the size of vessels.

Mitsubishi Shipbuilding and NYK Line will employ the strengths and knowledge of each company, which complement each other, to advance the joint development currently underway, and through the AiP, will continue to make efforts to develop various technologies, including LCO2 carriers, necessary for building the CCUS value chain, and contribute to carbon-neutrality.

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