• 2024 September 13 18:00

    JX, NYK, and KNCC jointly conduct demonstration experiment of elevated pressure method in CO2 liquefaction and storage process

    On August 28, JX Nippon Oil & Gas Exploration Corporation (JX), Nippon Yusen Kabushiki Kaisha (NYK), and NYK’s affiliate Knutsen NYK Carbon Carriers AS (KNCC) conducted a demonstration experiment to study the optimization of the carbon dioxide (CO2) liquefaction and storage process utilizing KNCC's proprietary technology “LCO2 – EP Cargo Tank”, according to NYK's release.

    In May of this year, the three companies devised a CO2 liquefaction process (hereinafter referred to as the "Process") based on the isenthalpic expansion cooling and liquefaction process, which utilizes the characteristics of the elevated pressure (EP) method that stores and transports liquefied CO2 at ambient temperature. The demonstration experiment was conducted at KNCC's demonstration facility "Test Rig" in Norway with the addition of a liquefaction unit for the Process. 

    Through the experiment, CO2, which replicated the conditions under which it was gathered and transported by pipeline, was successfully liquefied and transferred to the LCO2-EP Cargo Tank. We conclude that the technology devised in this Process has achieved a technology readiness level (TRL) 6.

    In principle, the liquefaction efficiency of this Process is equal to or higher than that of conventional liquefaction conditions and methods, and energy reductions of up to 20% are expected. In addition, the equipment required for this Process is simpler and more compact than conventional liquefaction methods, and modularization and floating systems can also be considered, which is expected to contribute to reducing the cost and site area of CO2 liquefaction facilities in the CCS and CCUS value chain.




2024 September 13

18:00 JX, NYK, and KNCC jointly conduct demonstration experiment of elevated pressure method in CO2 liquefaction and storage process
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2024 September 12

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09:50 Lloyd's Register commissioned research reveals the rapid rise of AI in maritime

2024 September 11

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16:04 AD Ports Group Awards ZPMC Cranes Contracts for Terminal Projects in Africa
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13:42 Panama ports container volume up 18.5% in January-July 2024
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12:41 Sri Lanka's Hambantota Port sees 53 pct surge in vessel arrivals in first 8 months of 2024
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11:07 Shanghai Dahua Shipping sends first vessel via Arctic Route
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09:56 COSCO SHIPPING approves the construction of two 175,000 m³ LNG carriers

2024 September 10

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13:23 Maersk and Hapag-Lloyd announce two ocean network options with equal industry leading schedule reliability
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2024 September 9

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