June 30, 2025
Mitsui O.S.K. Lines (MOL) and Mitsubishi Shipbuilding, have acquired Approval in Principle (AiP) from ClassNK for their jointly developed liquefied CO2 (LCO2) / methanol carrier.
As announced, Mitsubishi Shipbuilding and MOL have received Approval in Principle (AiP) for a vessel based on a low-pressure LCO₂ carrier, designed to transport CO₂ on outbound trips and synthetic methanol on return trips. This dual cargo model aims to eliminate empty voyages and to improve transport efficiency.
Credit: MOL
Furthermore, as stated, development will continue toward commercialization, in collaboration with supply chain partners. MOL Group is investing in building synthetic fuel and CO₂ supply chains, including through its stake in HIF Global LLC. The LCO₂/methanol carrier is expected to boost economic viability of these supply chains and supports MOL’s goal of net-zero emissions by 2050 under its “Environmental Vision 2.2.”
MHI Group, via Mitsubishi Shipbuilding, is focusing on energy transition and CCUS value chain development, using marine engineering expertise.
