Mitsui O.S.K. Lines, Ltd. announced that it has decided to equip its LR1 product tanker Nexus Victoria with the "Filtree System," an onboard CO2 capture system with a SOx scrubber manufactured by Value Maritime B.V., a Dutch emission reducing technology company. This marks the first time a Japanese operator has commercially installed a CO2 capture system onboard a vessel. The system is slated for installation around the end of 2024.

Mitsui O.S.K. Lines, Ltd. and JX Nippon Oil & Gas Exploration Corporation announced that they have signed a memorandum of understanding (MoU) to develop a Carbon dioxide Capture and Storage (CCS) value chain between Japan and Australia, including marine transport of carbon dioxide (CO2).

Mitsui O.S.K. Lines and Bapco Energies announced the signing of a memorandum of understanding (MoU) for development of cross border CO2 transport and sequestration.