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Decarbonization project

Jules Nautica LCO2 Carriers JV

This project is announced in Malaysia. The source does not give a quantified reduction for this project.

Status
Announced
Estimated reduction
Not quantified in the source
Countries
Malaysia
Sector
Carbon capture and removal
Announced
17 June 2025
Expected start
Not stated

About this project

The description is as the source gives it.

MISC Berhad formed a joint venture with PETRONAS CCS Ventures and MOL to develop and own Liquefied Carbon Dioxide (LCO2) carriers for cross-border CO2 transportation as part of advancing CCS solutions. The JV completed FEED for a 62,000 cubic meter LCO2 carrier design. Evidence: "Mitsui O.S.K. Lines, Ltd. (MOL), PETRONAS CCS Ventures Sdn. Bhd. (PCCSV) and MISC BERHAD (MISC) today announced the incorporation of a strategic joint venture (JV), Jules Nautica Sdn. Bhd. This JV will lead the development and act as the ultimate owner of Liquefied Carbon Dioxide (LCO₂) carriers, which are critical for transporting LCO₂ to designated storage sites as part of advancing carbon capture and storage (CCS) solutions." — https://www.miscgroup.com/media/media-releases/petronas-misc-and-mol-announce-landmark-joint-venture-to-advance-cross-border-co2-transportation

Statuses, countries and reductions are as the public source states them, and may be out of date.

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