Liquid CO2 carriers will play a key position in Northern Lights carbon seize and storage (CCS) challenge
The first two 7,500 cubic meter liquefied CO2 carriers being constructed for the Northern Lights three way partnership challenge will likely be operated beneath naked boat and time charters by a London-based subsidiary of Japan’s Okay-Line (Kawasaki Kisen Kaisha, Ltd.).
Due for supply from Dalian Shibuilding in 2024, the 2 vessels will help the Northern Lights carbon capture and storage (CCS) project. They will transport CO2 captured from industrial emitters to an onshore terminal in Øygarden, Norway. From there, the CO2 will likely be delivered by pipeline to devoted reservoirs 2,600 meters beneath the seabed within the North Sea for everlasting storage.
The ships are being constructed for Northern Lights JV DA, a registered, included normal partnership with shared legal responsibility (DA) owned equally by Equinor, Shell and TotalEnergies.
“K-Line has deep experience in liquefied gas transport and a strong safety and environmental track record,” mentioned Børre Jacobsen, Managing Director of Northern Lights. “We are pleased to partner with K-Line in operationalizing this innovative value chain.”
“We are honored to participate in the Northern Lights project and contribute to the decarbonization of industry. We have been able to develop a new field by making use of our decades of know-how in liquefied gas transport”, mentioned Yukikazu Myochin, president and CEO of Okay-Line.
Northern Lights and Okay-Line will collectively set up operational procedures for the secure transportation of liquefied CO2. The ships are categorised by DNV and will likely be registered in Norway and operated beneath Norwegian (NOR) flag by primarily Norwegian shipboard personnel.
