Yinson, K Line partner on CO₂ transport and injection solutions
Yinson Production and K Line Energy Shipping (UK) Ltd have signed an agreement to jointly develop and market solutions for transporting and injecting liquefied carbon dioxide.
K Line, based in London, is a subsidiary of Japan's Kawasaki Kisen Kaisha. Since 2024, K Line has managed two liquefied carbon dioxide carriers for the world's first commercial carbon dioxide transport and storage service.
Meanwhile, Yinson Production operates a fleet of floating production, storage and offloading (FPSO) and floating storage and offloading (FSO) vessels and has extensive expertise in engineering, design, and operations in the offshore energy sector.
The partnership between K Line and Yinson Production began in 2018 in the FPSO sector. Together, they co-own the FPSOs Anna Nery in Brazil and John Agyekum Kufuor in Ghana.
In a statement, both parties will jointly develop and market a floating storage and injection unit (FSIU) and a liquefied carbon dioxide carrier, targeting carbon capture and storage (CCS) projects being developed mainly in Europe.
The companies are expanding their collaboration to develop integrated solutions for transporting and injecting liquefied carbon dioxide as part of the CCS value chain, supporting global decarbonisation efforts.
Yinson Production chief technical officer Lars Gunnar Vogt said the collaboration with K Line builds on a longstanding relationship and complements their deep knowledge of offshore marine systems.
He said that by leveraging each party's respective core expertise, they are well positioned to develop innovative solutions that will support large-scale carbon transport and storage.
"This provides a one-stop solution to help industrial emitters achieve their decarbonisation targets," he added.
K Line corporate officer Kei Onishi added that the collaboration builds on a strong foundation established through FPSO business and reflects a shared commitment to enabling scalable CCS solutions.
"By combining their offshore engineering expertise with our experience in carbon dioxide shipping, we are developing an offshore unloading capability and bespoke transport solutions to serve a broader range of carbon dioxide storage sites.
"This will complement traditional port-to-port transport models for the CCS Value Chain and offer emitters greater flexibility in meeting their decarbonisation goals," he added.
