Japan's MOL and KEPCO Partner for Liquefied Hydrogen Carrier Study
Key Ideas
- MOL and KEPCO signed an MoU for a joint study on a liquefied hydrogen carrier in Japan, a first in the country.
- The agreement focuses on the marine transport of liquefied hydrogen, crucial for a hydrogen fuel supply chain.
- The companies aim to analyze vessel design, operations, safety, and international regulations for hydrogen transport.
- The collaboration intends to contribute to the establishment of a hydrogen supply chain for a zero-carbon society.
Mitsui O.S.K. Lines, Ltd. (MOL) and The Kansai Electric Power Company, Incorporated (KEPCO) have entered into a memorandum of understanding (MoU) to jointly study a liquefied hydrogen carrier in Japan. This initiative marks the first agreement of its kind in the country, involving a shipping company and a power generation firm collaborating on the marine transport of liquefied hydrogen. The focus of the MoU is to conduct a comprehensive study on the optimal vessels and operations required in the liquefied hydrogen supply chain. Additionally, safety aspects of such vessels will be carefully reviewed. Furthermore, the two companies plan to analyze international laws and regulations pertaining to the marine transportation of liquefied hydrogen. The overarching goal of this partnership is to advance the understanding and development of the marine transport of liquefied hydrogen to support the establishment of a hydrogen supply chain. By leveraging their expertise and resources, MOL and KEPCO aim to contribute to the realization of a zero-carbon society by promoting the adoption of hydrogen as a clean energy source.