Japan's K-Line signs charter for two liquefied CO2 carriers

Japanese shipping company K-Line has signed a charter agreement with Norwegian joint venture Northern Lights for two 7,500 m³ liquefied CO₂ carriers, it said on December 19.

The ships will be delivered in 2024, the company said, and contribute to the world’s first full-scale carbon capture and storage (CCS) value chain. They will be managed by K-Line's London-based unit, K-Line LNG Shipping. 

The 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 Oygarden, Norway.

The ships are classified by DNV and will be registered in Norway and operated under the Norwegian flag by mainly Norwegian shipboard personnel, K-Line said.