Kawasaki Kisen Kaisha (“K” Line) has entered into bare boat charter and time charter contracts with Northern Lights JV for two liquefied CO2 vessels.
Designed to support the world’s first full-scale carbon capture and storage (CCS) value chain, both the ships are expected to be delivered in 2024.
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“K” Line LNG Shipping (UK), a London-based subsidiary of “K” Line, will be responsible for the management of ships.
These ships will transport liquefied CO2 from industrial emitters, including the Norcem Brevik and Hafslund Oslo Celsio carbon capture facilities, to the Northern Lights CO2 receiving terminal in Øygarden of Norway.
With a cargo tank capacity of 7,500m3, the ships will have an overall length of 130m, a breadth of 21.2m and a draft of 7.5m.
Northern Lights and “K” Line will jointly develop operational procedures for the safe shipment of liquefied CO2.
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By GlobalDataClassified by DNV, the ships will be registered in Norway and operated under the Norwegian (NOR) flag by Norwegian shipboard personnel.
“K” Line president and CEO Yukikazu Myoch said: “We are honoured to participate in the Northern Lights project and contribute to the decarbonisation of industry.
“We have been able to develop a new field by making use of our decades of know-how in liquefied gas transport.”
This year in August, “K” Line tested marine biofuel on a Supramax bulk carrier, as part of its decarbonisation efforts.
