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Wed, Jun

MOL, MISC, and PETRONAS collaborate to promote international CO2 transportation

MOL, MISC, and PETRONAS collaborate to promote international CO2 transportation

Asia
MOL, MISC, and PETRONAS collaborate to promote international CO2 transportation

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

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