MOL wraps up study for ammonia, LCO2 carrier

Japan’s shipping giant MOL said it has completed a concept study for a vessel that can carry both ammonia and liquefied CO2.

MOL said in a statement on Thursday this vessel type could become the “mainstream” in this transport field.

The firm cooperated with Mitsubishi Heavy Industry’s Mitsubishi Shipbuilding on this research aimed at meeting future demand for transport of liquefied CO2 and ammonia.

According to MOL, the LCO2 carrier can play a “key role in efficiently transporting captured liquefied CO2 to storage reservoirs or usage sites in the value chains of carbon dioxide capture utilization and storage (CCUS).”

MOL entered the liquefied CO2 ocean transport business last year through investment in Norway’s Larvik Shipping, which has managed LCO2 carriers for industrial customers in Europe for over 30 years.

In addition, there is growing interest in ammonia as a “next-generation clean energy source” that does not emit CO2 during combustion, MOL said.

The combined carrier would have a cargo capacity of around 50,000 cbm.

In the future, based on this ship type, MOL “continually studies other various ship types with Japanese maritime clusters to flexibly meet customer needs based on the overall value chain,” it said.

Most Popular

Cheniere to start site preparation for two more Corpus Christi LNG trains

US LNG exporting giant Cheniere is seeking approval from the US FERC to start site preparation activities for two more midscale trains at its Corpus Christi LNG plant in Texas.

Amigo LNG, Sahara seal 20-year SPA

Amigo LNG, a unit of LNG Alliance, has signed a 20-year sales and purchase agreement with Sahara Group to supply the latter with liquefied natural gas from its planned 7.8 mtpa LNG export plant in Mexico.

Woodside names Sarah Bairstow as Louisiana LNG head

Australian LNG player Woodside has appointed Sarah Bairstow to lead its Louisiana LNG project.

More News Like This

MOL inks deal with Tokyo Gas for wind-assisted LNG carrier

Japan's shipping giant MOL has joined forces with a unit of compatriot city gas supplier and LNG importer Tokyo Gas on an LNG carrier equipped with wind-assisted ship propulsion systems.

VesselsValue: South Korea’s LNG carrier orderbook worth $71.3 billion

South Korean yards have 276 LNG carriers worth $71.3 billion on order, according to the newest data by Veson Nautical’s VesselsValue.

MOL sells steam LNG carrier for scrap

Japan's shipping giant MOL has sold one steam liquefied natural gas (LNG) carrier for scrap, according to brokers.

QatarEnergy LNG carrier completes trials in China

A 174,000-cbm liquefied natural gas (LNG) carrier built as part of the massive QatarEnergy shipbuilding program has completed its trials in China, according to Hudong-Zhonghua.