Japan’s MOL and KEPCO ink agreement for liquefied hydrogen carrier study

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Japan’s MOL and KEPCO ink agreement for liquefied hydrogen carrier study

SINGAPORE, Nov 19 (Reuters) – Japan’s Mitsui O.S.K. Lines (9104.T), and Kansai Electric Power Company (9503.T), have signed a memorandum of understanding (MoU) for the joint study of a liquefied hydrogen carrier, the companies said in a joint statement on Tuesday.

This is the first agreement in Japan between a shipping company and a power generation company for marine transport of liquefied hydrogen, as they work towards establishing a hydrogen supply chain.

The companies will study and review optimal vessels and operations in the liquefied hydrogen supply chain, the safety of such vessels, as well as international laws and regulations related to the marine transport of liquefied hydrogen.

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