MISC Expands Presence in LCO₂ Shipping with Second Northern Lights Award in International Shipping News 03/06/2026 MISC Group, in partnership with Kawasaki Kisen Kaisha Ltd. (“K LINE”), has secured a second long-term Time Charter Party (“TCP”) from Northern Lights JV DA on 29 May 2026 for an additional newbuild Liquefied Carbon Dioxide (“LCO₂”) carrier supporting the expansion of Europe’s first open-access carbon capture and storage (“CCS”) transport and storage infrastructure. The latest award follows the first TCP secured on 29 January 2026 and further reinforces MISC’s strategic participation in the emerging LCO₂ shipping segment as demand for scalable carbon transportation infrastructure continues to grow across Europe. Co-owned through the existing MISC and K LINE joint venture structure, the purpose-built 12,000 cubic metre vessel will support Northern Lights’ growing CCS network through the safe and efficient transportation of captured and liquefied CO₂ from industrial hubs across Europe to permanent offshore storage facilities in Norway. Zahid Osman, President and Group CEO of MISC, said “Securing this second vessel award reinforces our confidence in the long-term potential of the LCO₂ shipping segment and marks another step forward in expanding MISC’s portfolio of future-focused maritime solutions. This project will strengthen our position in an emerging market by developing the capabilities, expertise and strategic partnerships needed to support the evolving carbon management value chain. It also advances MISC’s Delivering Progress strategy, particularly our Profitable New Energy pillar, where we are strengthening the foundation for us to build the expertise and capabilities to deliver transition-enabling maritime solutions while supporting our customers’ ambitions for a lower-carbon future. Together with our partners, we remain committed to strengthening the infrastructure and capabilities required to support the growth of CCS and advance the broader ener