K Line Energy Shipping (UK) Limited (KLES), a London-based subsidiary of Japanese shipping major Kawasaki Kisen Kaisha (K Line), and Havstjerne ANS (HANS) an unlimited liability incorporated partnership of oil and gas company Harbour Energy Norge and Stella Maris CCS, a subsidiary of the FPSO owner and operator Yinson Production, have agreed to jointly identify the transportation, injection and storage solutions best suited for the Havstjerne CO2 storage licence on the Norwegian Continental Shelf.

Under a memorandum of understanding (MoU), KLES and HANS will collaborate to optimize technical and commercial solutions for a marine-based CO2 value chain based on a floating storage and injection unit (FSIU) and liquefied CO2 carriers and bring these solutions to maturity.