MISC pens carbon capture MoU's with international entities

Captain Rajalingam Subramaniam

PETALING JAYA: Maritime solutions and services provider MISC Bhd inked separate memorandums of understanding (MoUs) with Mitsui & Co. Ltd, Samsung Heavy Industries (SHI) and ANDRITZ AG to tap opportunities for carbon capture and storage (CCS) solutions in the maritime value chain, including identifying storage hubs, development of floating solutions as well as carbon capture parts and equipment.

MISC president and group chief executive Capt Rajalingam Subramaniam said carbon capture, storage technologies and other related infrastructure are pivotal measures to support and accelerate the transition towards a low-carbon future.