MOL’s LCO2 carrier and FSO concept gets nod from classification societies

Japanese shipping firm Mitsui O.S.K. Lines’ (MOL) liquefied carbon dioxide (LCO2) carrier concept has been approved by classification societies DNV and ABS.

PHOTO: CG rendering shows offloading CO2 from LCO2 carrier to LCO2 FSO and injection unit. MOL

The LCO2 carrier concept has been developed jointly by MOL, Malaysian state-owned energy company PETRONAS and China-based Shanghai Merchant Ship Design & Research Institute (SDARI).

The companies jointly studied “the optimum means of ocean transport for LCO2 within the Asia Pacific and Oceania region” to complete the concept.

“LCO2 carriers for CO2 transportation play a key role in the carbon capture and storage value chain,” PETRONAS’ chief executive and vice president Adif Zulkifli says.

Apart from the LCO2 carrier, MOL also received approval for a LCO2 floating storage and offloading (FSO) unit concept from ABS. An FSO is a floating facility that can receive, store, and offload cargo offshore.

The LCO2 FSO concept has been developed by the same companies. MOL considers LCO2 FSOs as “one of the most effective scenarios in the carbon capture, utilization, and storage (CCUS) market.”

“The concepts will be essential to LCO2 transportation and operation, and will boost CCUS development in the maritime industry,” SDARI vice president Zhou Zhiyong adds.

By Tuhin Roy

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