On April 21, Kawasaki Kisen Kaisha (K Line) joined a consortium to investigate the feasibility of developing CCUS (carbon capture, utilization, and storage) hubs in Asia.
The consortium was formed in August 2025 by major steel manufacturers such as ArcelorMittal Nippon Steel India, JSW Steel, and Hyundai Steel Company, as well as companies that make up the CCUS value chain, including BHP, Chevron Australia New Energies Pty, and Mitsui & Co.
Kawasaki Kisen Kaisha joined the consortium in February 2026 as a strategic expert in CO2 transport technology. Kobe Steel and Low Emission Technology Australia (LETA) are also participating in the consortium.
This study will be the first independent, industry-led study on CCUS (Carbon Capture and Storage) hub development in Asia. Its aim is to validate the technical and commercial processes of CCUS utilization in industries where CO2 emission reduction is challenging.
In particular, the focus is on the feasibility of developing projects that enable the effective utilization and storage of CO2.
From over 3000 potential storage sites, five locations have already been selected as primary candidates: two in India and one each in Indonesia, Malaysia, and Australia. In the next phase, the focus will be on rigorously evaluating cost reductions, commercialization models, and regulatory challenges at these five locations, as well as proceeding with concretization and optimization.
Kawasaki Kisen has been involved in multiple CCS (CO2 capture and storage) projects, including transportation services in Northern Lights (Norway) and government-supported projects in Japan. The company plans to contribute to the consortium by utilizing its accumulated practical experience and operational know-how in liquefied CO2 transportation.
Kawasaki Kisen and two Indian companies reach basic agreement on joint ownership of LNG carriers.
