Mitsubishi Shipbuilding sets up green shipping organisation
The newly formed Marine Decarbonisation Business Development Group aims to cater to the demand for clean energy carriers as the shipping industry's transition to cleaner fuels, says Japan-based Mitsubishi Shipbuilding.
PHOTO: Illustration of a liquid CO2 carrier. Mitsubishi Shipping
Demand for carriers of ammonia and other nascent fuel types with clean energy potential is expected to increase. Mitsubishi Shipbuilding looks to draw on its experience with oil and gas technologies and conventional shipbuilding in response to global fuel demand trends and the transition to cleaner fuels.
“We have received numerous inquiries from customers regarding growth sectors such as LCO2 carriers and ammonia fuel vessels and we need a dedicated organization to coordinate the technological innovation and handle this business,” says Toru Kitamura, president and chief executive at Mitsubishi Shipbuilding.
The group is eyeing development of carriers for ammonia and liquid carbon dioxide (LCO2), with the latter contributing to reverse logistics for fossil fuels, Mitsubishi Shipbuilding says.
Mitsubishi Shipbuilding is part of the Mitsubishi Heavy Industries (MHI) Group, which announced today it will build a demonstration ship for long-distance liquified carbon dioxide transport.
