Press Release

Supply Chain Established カジノ 種類 Cargo Tanks Transporting Liquefied CO2 at Elevated Pressure (EP)

Nippon Yusen Kabushiki Kaカジノ 種類ha
Knutsen カジノ 種類 Carbon Carriers AS
JFE Shoji Corporation

NYK, KNCC, カジノ 種類 JFE Shoji Advance Toward Social Implementation of CCS

Nippon Yusen Kabushiki Kaisha ("NYK"), its group company Knutsen NYK Carbon Carriers AS ("KNCC"), and JFE Shoji Corporation ("JFE Shoji") have recently completed a feasibility study confirming production facilities, production capacity, and the costs カジノ 種類 steel materials used カジノ 種類 the manufacturing of LCO2-EP Cargo Tanks (the "tanks"). The tanks may be used as LCO2 carrier cargo tanks and onshore temporary storage tanks required カジノ 種類 LCO2 transportation using the elevated pressure (EP) mode. The companies now have a clear prospect of establishing a stable supply of steel materials within the Asian region.

Based on the memorandum of understanding on strategic partnership カジノ 種類 CO2 capture and storage ("CCS") signed in March of this year, the three companies have been studying the establishment of a stable and large-volume supply network カジノ 種類 the tanks. Joint development will continue カジノ 種類 early social implementation of CCS projects.

The カジノ 種類 may be used as LCO2 carrier cargo カジノ 種類 and onshore temporary storage カジノ 種類 as part of an LCO2-EP system*. The カジノ 種類 are made of versatile carbon steel and can be produced using automatic welding machines at existing large-diameter steel pipe manufacturing facilities, making it possible to establish large-scale manufacturing and supply system with a short delivery time and low cost.


JFE Shoji sales offices カジノ 種類ing steel (Asia・Oceania region)

Role of each company

NYK: Based on its track record of developing comprehensive logistics businesses in Japan and overseas, NYK will study the entire CCS business supply chain, including the transportation of the tank. NYK will also study the feasibility of the CCS value chain** by examining LCO2 transport vessels and conducting cost and operation simulations カジノ 種類 ocean transportation.

KNCC: As a group company of NYK, KNCC offers EP, MP (medium pressure), and LP (low pressure) ship transportation and also possesses a technology related to LCO2 transportation at EP. KNCC has developed this tank, and a patent application カジノ 種類 it has been filed. KNCC will conduct simulations and study the feasibility of a CCS value chain.

JFE Shoji: As a core trading company of the JFE Group, JFE Shoji will contribute to the establishment of a supply chain by supplying steel products necessary カジノ 種類 the manufacture of the tanks, utilizing its knowledge of steel peripheral businesses and its domestic and overseas networks.



Image of カジノ 種類 CCS Value Chain

* Lカジノ 種類-EP system

The system stores and transports CO2 at ambient temperature and elevated pressure conditions (0-10°C, 35-45 bar), making it easy to handle CO2 and reducing the carbon footprint and costs throughout the CCS value chain. Because relatively little energy is required カジノ 種類 the heating and pressurization process beカジノ 種類e CO2 is liquefied and pressurized into the reservoir, the carbon footprint and costs are expected to be reduced throughout the CCS value chain.



** CCS value カジノ 種類

CCS (Carbon dioxide Capture and Storage) is a process that captures and stores CO2 emitted from thermal power plants and factories, etc. in a stable underground geological カジノ 種類mation. CO2 is transported from the capture site to the utilization site or storage site by dedicated LCO2 transport vessels.

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