• Press Release

bet365 入金 デビット カード Constructability Study of LCO2 Vessel together with NSY

Nippon Yusen Kabushiki Kaisha
Knutsen NYK Carbon Carriers AS

Contributing to Establishment of CCS Value Chain by Utilizing Proprietary Technology of Elevated Pressure (EP) Cargo Tanks

Nippon Yusen Kabushiki Kaisha (NYK) and NYK’s affiliate Knutsen NYK Carbon Carriers AS (KNCC) are conducting a joint constructability study of a 40,000 cbm terminal-to-terminal liquefied CO2 (LCO2) vessel based on KNCC’s proprietary technology of LCO2-Elevated Pressure (LCO2-EP) Cargo Tanks together with Nihon Shipyard Co., Ltd. (NSY), which is a joint venture for ship design and sales between Imabari Shipbuilding Co., Ltd. and Japan Marine United Corporation.

CCS (Carbon dioxide Capture and Storage) is a technology to capture CO2 at the source — such as power plants, chemical plants, and the like — by separating CO2 from other gases, compressing bet365 入金 デビット カードO2 for transportation, and then injecting bet365 入金 デビット カードO2 deep into underground or undersea rock formations at a carefully selected and safe site, where bet365 入金 デビット カードO2 is permanently stored. CCS technology is attracting attention as a way to achieve a carbon-neutral society. This initiative aims to contribute to the establishment of a CCS value chain and to the reduction of greenhouse gas emissions.

Role of each company

Company Name Role
NYK ・Develop overall policy
・Evaluate constructability and appropriateness
KNCC ・Provide technical and regulatory expertise on LCO2-EP vessel
NSY ・Study construction of LCO2-EP vessel from a shipyard perspective

bet365 入金 デビット カード

Image of a LCO2-EP Terminal-to-Terminal Vessel

Comments from each company

Tsutomu Yokoyama, Executive Officer, NYK
“This joint study with NSY will be another key milestone for us as it will provide bet365 入金 デビット カードapability through KNCC to offer LCO2-EP marine transportation service in addition to MP and LP. We will continue to study the establishment of a system for bet365 入金 デビット カードonstruction of LCO2-EP vessels to support the development of CCS projects globally.”

Oliver Hagen-Smith, CEO, KNCC
“We are pleased to announce a joint study with NSY on constructability of LCO2-EP terminal-to-terminal vessels. The innovative design of the LCO2-EP Cargo Tanks features vertical cylinders that can be mass-produced through automated processes using standard materials. This may optimize and reduce bet365 入金 デビット カードonstruction time. The modular design potentially allows more shipyards to participate, utilizing existing facilities and infrastructure, which broadens industry engagement and enhances efficiency. We are confident that this study will bring significant benefits in cost-effectiveness, quality, and scalability to the maritime construction sector.”

Tomoaki Takahira, Director, Chief of Design Division, NSY
“While CCS is still in its developmental stage in terms of technology and market structure, the joint study of the LCO2-EP terminal-to-terminal vessel with KNCC and NYK is an important step for us to bring one of the viable options to the market.
In addition to medium-pressure and low-pressure vessels, we will continue to study bet365 入金 デビット カードonstruction of LCO2-EP vessels to contribute to the establishment of bet365 入金 デビット カードCS value chain.”

bet365 入金 デビット カード

Outline of each company

Nippon Yusen Kabushiki Kaisha
Head office: Tokyo, Japan
Representative: Takaya Soga, President
Website: /english/

Knutsen NYK Carbon Carriers AS
Head Office: Haugesund, Norway
Representative: Oliver Hagen-Smith, CEO
Website: https://www.kn-cc.com/

The news on this website is as of the date announced and may change without notice.