Yinson, K Line partner on CO₂ transport and injection solutions
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.
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'If your governance is good, then I trust the people handling the CO2 pipeline. But if a gas pipe suddenly appears behind someone's house, there will be backlash,' he said, emphasising the importance of land-use planning and biodiversity protection. Theseira also explained the technical complexity of CCS operations, noting that CO2 must be pressurised to nearly 1,000 atmospheres to become a supercritical fluid suitable for injection. This process, he said, requires high levels of engineering expertise, robust infrastructure and strict safety protocols. From a policy standpoint, he warned that many CCS projects worldwide are limited to storage rather than utilisation, and may even be linked to enhanced oil recovery (EOR) — where CO2 is injected into wells to extract additional fossil fuels. 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'Only we ourselves can put the barriers in our heads,' he said. Theseira even suggested that, in a climate-altered world, underground or undersea living could become necessary — enabled by nuclear energy and advanced technologies. Chance to Lead, Not Blindly Follow As the CCUS legislation takes shape, experts offer contrasting yet complementary views. Zapantis highlighted investor readiness and international momentum while Theseira emphasised equity, environmental justice and long-term credibility. Meanwhile, Petronas aims to respond to growing climate expectations by developing commercially viable solutions, while adapting its business model to support long-term sustainability. If Malaysia is to lead in the carbon management space, it must balance commercial ambition with responsible governance. That means building a CCUS ecosystem that not only stores carbon — but creates value, protects communities, and earns public trust. 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