NYK and the Knutsen Group of Norway have established a joint venture company for the commercial development of a liquefied CO2 marine transportation and storage business worldwide using the Knutsen developed technology PCO2® which allows transport of liquified CO2 at ambient temperatures. NYK and the Knutsen Group, will each hold 50% stake in the new company, which has been named Knutsen NYK Carbon Carriers AS (KNCC)*1. KNCC will also build and operate low/mid pressure vessels based on other...