Kawasaki Kisen Kaisha, and Kansai Electric Power have jointly studied optimal marine transportation and storage schemes for the liquefied CO₂ from KEPCO’s thermal power plants to develop the Carbon dioxide Capture and Storage  value chain since the signing of a memorandum of understanding on January 19, 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 CO₂carriers and aim to realize liquefied CO₂ marine transportation.

“K” LINE and KEPCO are accelerating actions toward the realization 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.

Outline

• Summarization of issues in the design of an optimal liquefied CO₂ carrier, ship building technologies and shipping costs aiming for the fast realization of liquefied CO₂ marine transportation.
• Feasibility studies related to liquefied CO₂ carrier designs implemented by shipyards