K Line Energy Shipping, a London-based unit of Kawasaki Kisen Kaisha (K Line), has joined forces with Yinson Production, an owner and operator of floating production, storage and offloading (FPSO) vessels, to develop and market liquefied CO2 (LCO2) carrier and injection solutions.

The companies have signed a memorandum of understanding (MoU) to jointly develop and market a floating storage and injection unit (FSIU) and a liquefied CO2 carrier, focusing mainly on European carbon capture and storage (CCS) projects.