View original ↗on climeworks.com
deal · 7 March 2024
Mitsui O.S.K. Lines ↔ Climeworks
Mitsui O.S.K. Lines: a firm purchase of 13,400 t of direct air capture removal from Climeworks.
BuyerMitsui O.S.K. Lines
SupplierClimeworks
Tonnes13,400 t
Capture pathwayDirect air capture
Storage mediumgeological
Commitment typefirm
Deal structureofftake
Source pathway descriptionDirect Air Capture technology
Delivery windowby 2030
NotesIn addition to the offtake agreement, Mitsui O.S.K. Lines and Climeworks signed a Memorandum of Understanding for potential investment in Climeworks' future Direct Air Capture plants. The MOU represents an intent to invest in future projects; the primary deal is the carbon removal offtake agreement for 13,400 tonnes by 2030. MOL's net-zero target is 2050, with a goal to contribute 2.2 million tons
Durability defaultedtrue
Date notethe extracted announced_date postdated the source reporting it, so the source does not support it; this is the date the source was published (0068)
Date is source publicationtrue
Previous durabilitydurable-1000y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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More: Climeworks · Direct air capture