Mitsui O.S.K. Lines (MOL) has been granted Approval in Principle (AiP) from ABS for the design of a large-scale liquefied carbon dioxide (LCO₂) carrier and for a 96,000 cbm floating storage and offloading (FSO) unit.

The designs for vessels to carry and store liquified carbon dioxide (LCO₂) were developed by Petronas, MOL and Shanghai Merchant Ship Design and Research Institute (SDARI). The Motorship notes that MOL and Petronas concluded a Memorandum of Understanding to study LCO₂ transportation for the Asia Pacific region in February 2022. The development is the latest in a string of moves that MOL has made to enter the LCO₂ transport market.