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Northern Lights’ liquefied CO2 carrier arsenal grows as third vessel joins its fleet

Northern Lights’ liquefied CO2 carrier arsenal grows as third vessel joins its fleet

Green Energy
Northern Lights’ liquefied CO2 carrier arsenal grows as third vessel joins its fleet

China’s Dalian Shipbuilding Industry (DSIC), part of China State Shipbuilding Corporation (CSSC), has delivered a new liquefied carbon dioxide (LCO2) carrier to Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies.

Northern Phoenix; Source: K Line

While revealing the delivery of the Northern Phoenix liquefied CO2 carrier to Northern Lights, Japan’s maritime transport player, Kawasaki Kisen Kaisha (K Line), which entered into bareboat charter contracts and time charter contracts for three of the four liquefied CO2 carriers ordered by Northern Lights, explains that this is the third liquefied CO2 carrier to be engaged by the JV, which is said to be world’s first to offer full-scale commercial transportation and storage of CO2.

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The vessel will be managed by the firm’s subsidiary, K Line Energy Shipping, which is based in London, just like the previous two, Northern Pioneer and Northern Pathfinder newbuild LCO2 carriers that will be powered by liquefied natural gas (LNG).

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