DNV approves new LCO2 carrier design

Classification society DNV has approved a new LNG-capable liquid carbon dioxide (LCO2) carrier design.

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The 62,000 cbm capacity LCO2 carrier has been jointly developed by Japanese shipping company Mitsui O.S.K. Lines (MOL), Malaysian logistics firm MISC Berhad (MISC), Petronas CCS Ventures (PCCSV) - a subsidiary of Malaysian oil and gas company Petronas, and Chinese ship designer Shanghai Merchant Ship Design and Research Institute (SDARI).

The vessel is specifically designed to support long-distance transport of LCO2. It is equipped with a cargo containment system that uses advanced materials to enhance both safety and efficiency. Additionally, it features a re-liquefaction system to regulate pressure and temperature during transit.

Carbon capture and storage (CCS) is gaining traction as a key technology for enabling the shift to a low-carbon future in the Asia-Pacific region. Countries such as Malaysia, Australia, Japan, and Singapore are actively investing in CCS infrastructure, launching projects, and forming cross-border partnerships to accelerate deployment.

“The LCO2 carrier is an indispensable component in building a cross-border CCS value chain across the Asia-Pacific region,” said Daisuke Fujihashi, general manager of MOL’s carbon solutions business development unit.

By Tuhin Roy

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