Carbon Storage News

The Global Centre for Maritime Decarbonisation (GCMD) and Hanwha Ocean have announced a five-year strategic partnership to advance low and zero carbon fuels, energy efficiency technologies and onboard carbon capture.The GCMD was established as a non-profit organization in 2021 founded by BHP, BW Group, Eastern Pacific Shipping, Foundation Det Norske Veritas, Ocean Network Express and Seatrium. GCMD also receives funding from the Maritime and Port Authority of Singapore (MPA), and bp…

ExxonMobil said on Thursday it has acquired state leases for over 271,000 acres in Texas state waters for an offshore carbon dioxide (CO2) capture operation.The lease with the Texas General Land Office follows Exxon's 2021 bid for federal land off the Texas coast for CO2 capture, and its emergence as a high bidder on 69 blocks in the shallow waters of the U.S.

HD Hyundai Marine Solution, HD Hyundai Engineering & Technology, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), and Hyundai Heavy Industries Power Systems have obtained Approval in Principle (AIP) from DNV for their design of an onboard carbon capture and storage (OCCS) system for retrofits.The retrofit design is applicable to a wide range of vessels, and DNV's AIP confirms that the OCCS technology is both feasible and prepared to meet emerging regulatory requirements.The project was conducted as a Joint Industry Project (JIP) between DNV and the HD Hyundai companies…

“K” LINE, MOL, NYK Line, Mitsubishi Shipbuilding, Imabari Shipbuilding, JMU, and Nihon Shipyard have started a joint study to establish standard specifications and designs for liquefied CO2 (LCO2) carriers.As the demand for LCO2 carriers is expected to grow in various CCS (Carbon dioxide Capture and Storage) projects that transport CO2 collected in Japan to storage sites by sea, it is necessary to build and supply LCO2 carriers stably within Japan to realize the CCS value chain and improve economic efficiency. Therefore, the seven companies have agreed to conduct a joint study to establish standard specifications and designs for LCO2…

With its new CCS-strategy, the European Commission has outlined a common direction for the capture, utilization, and storage of CO2 in the EU. The strategy highlights Denmark as a pioneer in the field, and Danish Shipping predicts that Denmark could play a central role.The strategy, named the "Industrial Carbon Management Strategy," sets the framework for the ambition to build an internal market for CO2, benefiting both the climate and employment. All measures are aimed at achieving…

Bernhard Schulte ordered its first CO2 tanker, a newbuild to be constructed at Dalian Shipbuilding Offshore (DSOC) and to showcase technologies designed to reduce its carbon footprint. Planned for delivery in 2026, the ship is committed to a long-term time charter agreement with Northern Lights.The newbuilding ordered now is the first ship of this type for the Bernhard Schulte fleet and the fourth CO2 carrier for Northern Lights. The joint venture, owned by Shell, TotalEnergies and Equinor…

Carbon capture and storage has emerged as flashpoint at the UN climate conference in Dubai about how big a role it is destined to play in reaching the target of net zero emissions.It has also prompted an unusual and bad-tempered confrontation between senior officials at the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC).In the run up to the conference, the IEA called on oil and gas producers to let go of "the illusion that implausibly…

DNV has awarded two Approval in Principle (AiP) certificates to Dalian Shipbuilding Industry (DSIC) for the design of a 50,000cbm floating liquefied CO2 (LCO2) storage and injection unit (FSIU) and a 20,000cbm LCO2 carrier.The AiPs confirm the general feasibility of the conceptual designs as reviewed by DNV. They follow earlier projects by the shipyard, such as the design development of the world’s first 7,500cbm LCO2 tanker currently under construction to DNV class, as DSIC positions…

Erma First received Approval in Principle (AiP) from DNV for its amine absorption-based Onboard Carbon Capture (OCC) system, which was put to the test onboard a RoRo ship.The system uses amine absorption technology and a proprietary amine solvent to absorb CO2 from flue gases. When heated, the chemical reaction that occurs reverses the absorption and separates the CO2 from the solvent. The CO2 that is released is subsequently liquified and stored under cryogenic conditions onboard and the regenerated solvent can be re-used, creating a highly efficient regenerative OCC process.

ExxonMobil CEO Darren Woods on Saturday rejected the International Energy Agency's recent claim that using wide-scale carbon capture to fight climate change was an implausible "illusion", saying the same could be said about electric vehicles and solar energy."There is no solution set out there today that is at the scale to solve the problem," Woods told Reuters on the sidelines of the COP28 climate summit in Dubai."So, you could say that about carbon capture today, you could say that about electric vehicles, about wind, about solar.

Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to ERMA FIRST for its amine absorption-based Carbon Capture & Storage (CCS) system.ERMA FIRST’s CCS system uses absorption technology to mix CO2 (carbon dioxide) flue gases with a proprietary amine solvent, which is then heated to produce a chemical reaction which reverses the absorption and separates the CO2 from the solvent. The CO2 from this process is then liquified and stored under cryogenic conditions onboard with the solvent ready to use in the same process again…

DNV has published new guidelines for the safe installation of onboard carbon capture and storage (CCS) system on board ships.Different methods for reducing greenhouse gas (GHG) emissions will be necessary to achieve international, regional, and national emissions targets. Post-combustion CCS on board trading ships is expected to be among these future solutions, especially on vessels where the use of alternative fuels is not feasible.DNV's new guidelines are designed to be used by stakeholders across the value chain…

The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU).Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liquified carbon dioxide (LCO2) into depleted oil and gas fields or aquifers. This novel concept incorporates the ability to accept LCO2 deliveries in an offshore setting, the flexibility to manage LCO2 at low or medium pressure…

Floating LNG solutions provider Höegh LNG and the Norwegian oil and gas firm Aker BP have entered a strategic partnership to develop a "fully comprehensive carbon transport and storage offering for industrial CO2 emitters in Northern Europe.""The agreement combines the companies’ respective strengths, expertise, and technologies to establish a strong value chain for CCS on the Norwegian Continental Shelf that includes gathering, transporting and securely injecting CO2 for permanent storage in subsea reservoirs…

Wärtsilä is now offering carbon capture and storage (CCS) feasibility studies to shipowners and operators. Studies have already been conducted on a range of vessel types including ro-ro and ro-pax vessels, a drill ship, a container vessel and a gas carrier.The process takes four to six months of study and design work. Wärtsilä Exhaust Treatment’s experts are involved in ship design at an early stage to conduct engineering work to understand how CCS can be smoothly integrated once…

Japanese shipping company Mitsui O.S.K Lines (MOL) 9104.T has received in-principle approvals for a liquefied CO2 vessel and a floating storage and offloading unit (FSO) from the American Bureau of Shipping, its Chief Executive Takeshi Hashimoto said on Wednesday.The vessel and the FSO were developed by the company along with Malaysia's state-run oil company Petronas and Shanghai Merchant Ship Design and Research Institute, Hashimoto said in a statement.The statement gave no further…

In the global quest for achieving net zero emissions and slowing down global warming, carbon capture and storage (CCUS) technology has emerged as an important solution. Among the notable projects being developed in the field is the Northern Lights offshore carbon capture and storage project in Norway, a country with long experience with offshore CO2 storage.The transition to a sustainable energy future requires innovative solutions that go beyond simply halting fossil fuel projects.

Bureau Veritas (BV) has delivered an Approval in Principle (AiP) to Wah Kwong Maritime Transport Holdings, a Hong Kong shipowner, for a carbon capture and storage (CCS) project onboard two of its vessels.Partnering in the project is Qiyao Environmental Technology, a subsidiary of Shanghai Marine Diesel Engine Research Institute.The AiP follows a joint study which validated the technical feasibility of using CCS technology on existing vessels. Wah Kwong provided two vessels from its fleet for the study: a 53…

Ship classification organization ABS said Tuesday it had joined an elite working group comprised of global maritime leaders to study onboard carbon capture technologies.The collaborative project brings together ABS, Diana Shipping Services S.A., Equinor ASA, GasLog LNG Services Ltd., Maran Gas Maritime Inc., Minerva Gas Inc., Neptune Lines Shipping and Managing Enterprises S.A., Norwegian Maritime Authority (NMA), Prime Tanker Management Inc., Solvang ASA, Springfield Shipping Co.

ClassNK released "Guidelines for Shipboard CO2 Capture and Storage Systems". The guidelines include provisions for indicating the classnotation for vessels equipped with CO2 capture and storage systems or designed as "ready" for their installation.In addition to fuel transition, interest in capturing CO2 from ships' exhaust gas is growing as a way to reduce GHG emissions, and the development of onboard systems for capturing and storing CO2 is being undertaken. ClassNK has joined "Carbon Capture on the Ocean (CC-Ocean)" project with Mitsubishi Shipbuilding Co., Ltd.

Mitsubishi Shipbuilding has launched a test ship for the transport of liquefied carbon dioxide (LCO2).The 236-foot ship has a storage capacity of 1,450 m³ and will be used with demonstration carbon capture and storage projects that are underway for Japan’s New Energy and Industrial Technology Development Organization (NEDO).The Engineering Advancement Association of Japan (ENAA), one of the consignees for the NEDO demonstration projects, will charter the ship from Sanyu Kisen, and install and operate the low temperature, high pressure storage system.

ABS granted approval in principle (AIP) to Value Maritime (VM) for its Carbon Capture System onboard seagoing vessels. The Filtree System - a prefabricated gas cleaning system that filters sulfur and 99% of particulate matter - includes a Carbon Capture Module that captures the CO2 onboard in a battery container.Value Maritime’s CCS technology is designedd  too allow vessels to capture up to 40% of CO2 emissions, with the potential of exceeding 90% in the future.The Filtree System has already been installed on over 20 vessels…