MISC Berhad and K LINE have secured a second long-term charter agreement from Northern Lights for a new 12,000m³ (~3.2 million gallons) liquefied carbon dioxide (LCO2) carrier, further supporting the expansion of Europe’s carbon capture and storage (CCS) infrastructure.
The vessel will be used to transport captured and liquefied CO2 from industrial facilities across Europe to Northern Lights’ offshore storage sites in Norway, enabling the permanent sequestration of emissions from hard-to-abate sectors.
The contract marks the second vessel charter awarded to the MISC-K LINE consortium and follows an earlier agreement signed in January 2026, when Northern Lights announced charter arrangements for four additional LCO2 carriers as part of its fleet expansion program.
The latest award reflects growing demand for dedicated CO2 shipping capacity as Northern Lights scales its transport and storage network to support increasing volumes of captured emissions from industrial customers across Europe.
Northern Lights expands CO2 transport and storage network
Northern Lights, a joint venture between Equinor, Shell and TotalEnergies, is developing Europe’s first open-access CO2 transport and storage infrastructure. The project is designed to provide cross-border CO2 transport and permanent offshore storage services for industrial emitters seeking to reduce emissions.
The company began operations in 2025 and has already received and stored CO2 captured from several industrial sources, including the VEAS wastewater treatment facility in Slemmestad, which serves more than 800,000 people in the Oslo region, as well as Heidelberg Materials’ cement plant in Brevik.
Relevant: Northern Lights Expands CO2 Shipping Fleet With Third Carrier
Northern Lights completed its first CO2 injection operations in 2025, marking a significant milestone for the European CCS sector and demonstrating the viability of a fully integrated carbon transport and storage value chain.
In its initial phase, the project is designed to provide storage capacity for approximately 1.5 million tons of CO2 per year. A planned second-phase expansion is expected to increase annual storage capacity to more than five million tons, supporting Europe’s broader industrial decarbonization ambitions.
The addition of new CO2 carriers will play a critical role in enabling this growth, providing the maritime transport infrastructure required to connect industrial emitters across Europe with offshore storage resources in Norway.
Read more: Northern Lights Orders Four More CO2 Ships
