Kawasaki Kisen Kaisha (‘K’ Line) and Kansai Electric Power (KEPCO) have jointly studied optimal marine transportation and storage schemes for the liquefied CO2 from KEPCO’s thermal power plants to develop a CO2 Capture and Storage (CCS) value chain under a memorandum of understanding signed in January 2023.
Having completed an initial joint study on liquefied CO2 shipping, the two companies have now entered into a service agreement to study feasibility related to the liquefied CO2 carrier’s design involving domestic and foreign shipyards. This detailed study, which includes design development by shipyards, is ahead of the initiatives of other CO2 emitters.
Based on this Service Agreement, ‘K’ Line and KEPCO will study and develop optimal specifications for liquefied CO2 carriers and aim to realise liquefied CO2 marine transportation.
‘K’ Line and KEPCO say they are accelerating actions toward the realisation of a zero-carbon society through detailed research and the implementation of studies toward the delivery of a liquefied CO2 carrier that will play an important role in the CCS value chain.