Petronas-Led Venture to Build Fleet of Liquefied CO2 Carriers

Petronas-led venture to build fleet of liquefied CO2 carriers

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), via its unit Petronas CCS Ventures Sdn Bhd, has formed a joint venture (JV) with MISC Bhd and Mitsui OSK Lines Ltd to develop and own liquefied carbon dioxide (LCO2) carriers. © New Straits Times Press (M) Bhd

MOL, MISC, and PETRONAS collaborate to promote international CO2 transportation - Maritime Gateway

The nation’s leading shipping line, MISC, Malaysian state energy company Petronas, and Japanese shipping behemoth Mitsui OSK Lines (MOL) have formed a joint venture to construct and run liquefied carbon dioxide (LCO2) carriers. According to a joint statement from the firms, the JV, Jules Nautica, would work to become a major owner of LCO2 carriers, enabling the transfer of LCO2 to approved CO2 storage locations throughout the Asia Pacific area. …

MOL, PETRONAS and MISC Launch Joint Venture for Development of LO2 Carriers

Mitsui O.S.K. Lines (MOL) has introduced a strategic joint venture (JV) with PETRONAS CCS Ventures and MISC BERHAD (MISC) to lead the development and act as the ultimate owner of Liquefied Carbon Dioxide (LO2) carriers. This vessel is critical for transporting LO2 to designated storage sites as part of advancing carbon capture and storage (CCS) MOL said the joint venture with two partners will play a crucial role in the transportation of LO2, wh…

PETRONAS, MISC and MOL Announce Landmark Joint Venture To Advance Cross-border CO2 Transportation

PETRONAS, MISC and MOL Announce Landmark Joint Venture To Advance Cross-border CO2 Transportation

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MOL, Petronas, and MISC launch liquefied CO2 shipping venture

Japanese shipping giant Mitsui OSK Lines (MOL), Malaysian state energy firm Petronas and the country’s top shipping line, MISC, have launched a joint venture to build and operate liquefied carbon dioxide (LCO2) carriers. The JV called Jules Nautica will aim to become a leading owner of LCO2 carriers, facilitating the transportation of LCO2 to designated …