MOL Moves Into CO2 Shipping with Investment in Larvik Shipping

Home Community Industry News MOL Moves Into CO2 Shipping with Investment in Larvik Shipping

  • This topic is empty.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • #5281
    Greensea Systems
    Keymaster

    Japan’s Mitsui O.S.K. Lines, Ltd. (MOL) said it will make its first foray into the liquefied CO2 ocean transport business through an investment in Larvik Shipping AS, a Norwegian ship management company for liquefied CO2 carriers.

    Liquefied CO2 ocean transport plays a key role in carbon dioxide capture utilization and storage (CCUS) value chains as a means of effectively connecting collection sites with storage or usage sites. CCUS is drawing attention as a technology to collect and store CO2 or use it effectively, and a step toward realizing a low-carbon society. According to a report by the International Energy Authority (IEA), CCUS targets a 15% reduction in cumulative CO2 emissions by 2070.

    Read more by visiting MarineLink.com

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.

Greensea Systems, Inc.

10 East Main Street :: PO Box 959 :: Richmond, VT 05477 :: USA
802.434.6080 :: info@greensea.com
www.greensea.com

Subscribe to our Briefing for News, Updates, and Product Enhancements

Subscribe to our Briefing for News, Updates, and Product Enhancements





    Holler Box