Japan Maritime Firms Unite on Standard Designs for CO2 Carriers, Fuel Ships
Tokyo, December 1, 2025 — Seven major Japanese maritime and industrial entities have concluded a significant Memorandum of Understanding to establish a standardized design framework for liquefied CO₂ (LCO₂) carriers and alternative fuel ships. Signatories include Mitsubishi Shipbuilding Co. The collaborative framework designates MILES Co., Ltd.—formerly MI LNG Company—as the coordinating platform responsible for developing and executing initial ship designs. This standardization approach enables participating shipyards to conduct functional and production design work based on common specifications, significantly reducing development timelines and manufacturing complexity.