GCMD Completes World’s First Pilot Demonstrating Full Carbon Value Chain from Ship-Captured CO2 in China

The Global Centre for Maritime Decarbonisation (GCMD) has successfully carried out the world’s first maritime pilot to demonstrate the full value chain for onboard captured carbon dioxide, concluding the operation in China on 25 June 2025. The initiative was conducted in two main phases, beginning with the transfer of 25.44 metric tons of CO2 captured

Joint study to establish standard specifications and designs for LCO2 carriers

“K” LINE has started a joint study with Mitsubishi Shipbuilding, Imabari Shipbuilding, JMU, and Nihon Shipyard, which is a joint venture between Imabari Shipbuilding and JMU, to establish standard specifications and designs for LCO2 carriers. As the demand for LCO2 carriers is expected to grow in various CCS (Carbon dioxide Capture and Storage) projects that

Hyundai and Capital Gas get nod for LCO2 carrier

HD HHI and Evangelos Marinakis-led Capital Gas Ship Management have received approval in principle for a 40,000 cu m LCO2 carrier from the classification society Lloyd’s Register. The project builds on the deal for the construction of four 22,000 cu m low-pressure LCO2 carriers equipped with IMO Type C storage tanks and a cargo handling

Korean LCO2 storage tanks unveiled

A South Korean manufacturer has unveiled how the world’s largest liquefied carbon dioxide (LCO2) storage tanks will look like. Sejin Heavy Industries is constructing a pair of LCO2 tanks for Evangelos Marinakis’ Capital Maritime, which ordered last July two firm 22,000 cu m ships at Hyundai Mipo, with options for two more. The nascent LCO2

NYK and MOL to study marine transportation of LCO2

Japanese shipping majors NYK and Mitsui O.S.K. Lines (MOL) have been commissioned to study liquefied CO2 transport by vessels as part of a carbon dioxide capture and storage (CCS) project in Japan. As disclosed, the companies were selected by a consortium comprising ENEOS Corporation (ENEOS), Electric Power Development Co., Ltd. (J-POWER), and JX Nippon Oil

Mitsubishi Shipbuilding acquires approval in principle (AIP) from France’s classification society

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has acquired Approval in Principle (AIP) from the French classification society Bureau Veritas (BV) for a spherical cargo tank system for liquefied CO2 (LCO2) carriers. A presentation ceremony was held on June 7 at the Metropolitan Expo exhibition center in Athens, Greece, venue