Mitsui O.S.K. Lines, Isometric Partner on Carbon Removal
Mitsui O.S.K. Lines (MOL) and Isometric have entered into a strategic partnership under which Isometric will issue scientifically rigorous, transparent carbon dioxide removal (CDR) credits to support MOL’s net zero strategy. The partnership—which includes Isometric’s selection as the registry for MOL’s milestone 10,000-ton Enhanced Weathering offtake with Alt Carbon—will provide MOL with access to high-quality carbon removal credits certified under the Isometric Standard.Isometric’s protocols…
PETRONAS, MISC, MOL ink JV to Pioneer CO2 Transport
PETRONAS CCS Ventures Sdn. Bhd. (PCCSV) MISC Berhad (MISC), and Mitsui O.S.K. Lines, Ltd., (MOL) announced the incorporation of a strategic joint venture (JV), Jules Nautica Sdn. Bhd. This JV will lead the development and act as the ultimate owner of Liquefied Carbon Dioxide (LCO₂) carriers, which are critical for transporting LCO₂ to designated storage sites as part of advancing carbon capture and storage (CCS) solutions.The trio completed the Front-End Engineering Design (FEED) for a 62…
Fugro, Ocean Visions Team Up for Ocean-Based Carbon Removal Tech
Fugro has been selected by nonprofit organization Ocean Visions to lead the development of a standardized environmental impact assessment framework for marine carbon dioxide removal (mCDR), a set of emerging technologies that enhance the ocean’s natural ability to store carbon.The initiative aims to support the permitting of mCDR projects by providing a transparent, evidence-based approach to environmental review.The two-year project will involve designing, refining and testing…
