NYK and HEPCO Collaborate on Maritime Decarbonization with Carbon Capture Study
NYK and Hokkaido Electric Power (HEPCO) have signed a memorandum of understanding to conduct a study on onboard carbon capture and storage (OCCS) technologies. The study, set to run through fiscal year 2028, will focus on a demonstration project in Tomakomai, Japan, aimed at reducing carbon emissions in maritime transport. The project involves the installation of demonstration equipment on the coal carrier Pirika Moshiri Maru, owned by NYK. The study will explore methods for capturing and unloading CO2, as well as potential uses for the captured carbon. This initiative builds on Tomakomai's existing carbon capture and storage efforts, leveraging the expertise of both companies in maritime transport and carbon capture utilization and storage (CCUS) value chains.