ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Jun 29, 2023 18:09 JST
Source:
Mitsubishi Heavy Industries, Ltd.
Mitsubishi Shipbuilding and NYK Line Obtain Approval in Principle (AiP) from Japan's Classification Society ClassNK for Ammonia and LCO2 Carrier
- Merger of Mitsubishi Shipbuilding's advanced gas handling technologies with NYK Line's wealth of knowledge in ship operations
- Commitment to developing various technologies for the launch of ammonia and LCO2 carrier, for which demand is expected to increase in the future
TOKYO, Jun 29, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a part of the Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line) have been granted Approval in Principle (AiP)(1) from the Japanese classification society ClassNK for a ship that can transport ammonia and liquefied CO2 (LCO2).
Image of an ammonia and liquefied CO2 carrier
Example of operation of a "transport vessel that combines ammonia and liquefied CO2"
LCO2 carriers play an important role as one of the means of efficiently transporting captured and liquefied CO2 to storage sites or effective use sites in the CCUS (Carbon dioxide Capture, Utilization and Storage)(2) value chain, which is attracting attention as one of the means to realize a low-carbon and decarbonized society. Ammonia is attracting worldwide interest as a next-generation clean energy that does not emit CO2 during combustion. The movement to strategically utilize ammonia in decarbonization is also gaining momentum worldwide.
Mitsubishi Shipbuilding and NYK Line have been working on the technological development of ammonia or LCO2 dedicated carriers, and both companies have already been collaborating on the technical development of large LCO2 carriers. With this acquisition of AiP, the two companies will utilize their accumulated knowledge of ammonia and LCO2 to aim for the safe and economical transportation of ammonia and LCO2 on the same carrier. In that case, the carrier could transport ammonia to thermal power plants on the outbound route and then carry CO2 emitted from thermal power plants to storage sites on the return route.
MHI Group is strategically working to strengthen the energy transition business, and Mitsubishi Shipbuilding is promoting the development and commercialization of ammonia and LCO2 carriers as a marine system integrator, aiming to build a value chain that spans land and sea and realize a decarbonized society. In addition, NYK Line will continue to develop various technologies, including "ammonia and liquefied CO2 carriers," through the AiP acquired this time, utilizing its abundant knowledge of ship operations. NYK Line will contribute to realizing a carbon-neutral society by promoting the establishment of the CCUS value chain and the ammonia value chain.
(1) Approval in Principle (AiP) indicates that a certification body has reviewed the basic design and confirmed that it meets the technical requirements and standards for safety. The inspection of this system was conducted based on the IGC Code that applies to marine vessels that transport liquefied gas in bulk and ClassNK's ship classification regulations.
(2) CCUS refers to "carbon capture, utilization and storage" and is a process that captures CO2 released from thermal power plants, factories, etc. and either uses it in production processes for crops, chemicals, construction materials, etc. or stores it in a stable underground geological formation.
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.
Source: Mitsubishi Heavy Industries, Ltd.
Sectors: Marine & Offshore
Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Latest Release
DOCOMO to Launch "NTT DOCOMO GLOBAL" for Global Expansion
May 10, 2024 18:13 JST
Release of "Fugaku-LLM" - a large language model trained on the supercomputer "Fugaku"
May 10, 2024 12:20 JST
Paltalk, Inc. Reports Slight Increase in Revenue and 33% Reduction in Net Loss for First Quarter 2024
May 09, 2024 20:39 JST
Honda Opens New R&D Facility in Bengaluru to Accelerate Electrification in India
May 09, 2024 14:13 JST
Fujitsu introduces "explainable AI" for use in genomic medicine and cancer treatment planning
May 09, 2024 10:41 JST
Mitsubishi Heavy Industries Increases Dividends on Back of Historically High FY2023 Results, Releases FY2024 Guidance
May 08, 2024 14:27 JST
Rome becomes the first European city to offer open loop transit payments to JCB Cardmembers
May 08, 2024 12:00 JST
NEC X Invests in Public Safety Startup Multitude Insights, Scaling AI-Powered Collaboration and Information Sharing for Law Enforcement
May 08, 2024 10:24 JST
ServiceNow and Fujitsu announce strategic commitment to launch innovative cross-industry solutions
May 08, 2024 08:52 JST
Fujitsu launches mainframe modernization automation service for the Japanese market
May 07, 2024 17:53 JST
MHI Agrees to Collaborate with Chiyoda Corporation for Licensing of CO2 Capture Technologies
May 07, 2024 13:49 JST
Four-strong TOYOTA GAZOO Racing squad to push for more Portugal success
May 02, 2024 18:05 JST
Spectacular Spa awaits TOYOTA GAZOO Racing
May 02, 2024 17:46 JST
Q&M Dental Enhances Digital Capabilities by Integrating Align Technology's Newest iTero Lumina(TM) Intraoral Scanner Across Dental Clinics in Singapore
May 02, 2024 11:00 JST
Sumitomo Metal Mining and Mitsubishi Corporation to Participate in Kalgoorlie Nickel Project - Goongarrie Hub
Apr 30, 2024 19:08 JST
New Immuno-Oncology Research Project in Partnership With Merck Starts at the BioMed X Institute in Heidelberg
Apr 30, 2024 18:00 JST
SPARX Group Establishes Space Frontiers Second Fund
Apr 29, 2024 18:49 JST
MHI Establishes Local Subsidiary "Mitsubishi Heavy Industries Vietnam"
Apr 29, 2024 18:00 JST
POSCO Future M and Honda Reach Basic Agreement on Collaboration for Production of Cathode Materials for Automotive Batteries in Canada
Apr 29, 2024 14:25 JST
Honda Plans to Establish Comprehensive Electric Vehicle Value Chain in Ontario, Canada
Apr 29, 2024 14:16 JST
More Latest Release >>
Related Release
Mitsubishi Heavy Industries Increases Dividends on Back of Historically High FY2023 Results, Releases FY2024 Guidance
5/8/2024 2:27:00 PM JST
MHI Agrees to Collaborate with Chiyoda Corporation for Licensing of CO2 Capture Technologies
5/7/2024 1:49:00 PM JST
SPARX Group Establishes Space Frontiers Second Fund
4/29/2024 6:49:00 PM JST
MHI Establishes Local Subsidiary "Mitsubishi Heavy Industries Vietnam"
4/29/2024 6:00:00 PM JST
MHI Begins Operation of SOEC Test Module the Next-Generation High-Efficiency Hydrogen Production Technology at Takasago Hydrogen Park
4/25/2024 5:45:00 PM JST
Mitsubishi Heavy Industries and NGK to Jointly Develop Hydrogen Purification System from Ammonia Cracking Gas
4/18/2024 5:01:00 PM JST
Heidelberg Materials North America Announces Latest Milestone in Edmonton CCUS Project
4/12/2024 2:39:00 PM JST
MHIAEL Completes Expansion of the its Nagasaki Plant for Manufacture of Aero Engine Combustors
4/11/2024 6:08:00 PM JST
Mitsubishi Shipbuilding Acquires Approval in Principle (AiP) from Classification Society ClassNK for Ammonia Fuel Supply System (AFSS)
4/11/2024 5:50:00 PM JST
Mitsubishi Shipbuilding Receives Order for Ammonia Fuel Supply System for Ammonia-Powered Marine Engine
4/10/2024 4:55:00 PM JST
More Press release >>