Lco2 Carriers News

Shipping is poised to play a vital role in APAC cross-border CCUS initiatives, with annual CO2 shipping volumes projected to reach 100 MtPA by 2050, according to a joint study by the Global Centre for Maritime Decarbonisation (GCMD) and Boston Consulting Group (BCG).The study has identified that shipping will play a key role in enabling CCUS initiatives, particularly when there is a large geographical mismatch between potential captured CO2 sources and sequestration hubs.The report…

The Northern Lights JV has taken delivery of the Northern Pioneer, the first in a fleet of four CO2 transport ships, from Dalian Shipbuilding Industry (DSIC).The Northern Pioneer is the first of its kind, custom designed to transport liquefied CO2 from capture sites in Europe to the Northern Lights receiving terminal.Northern Lights is the first company to offer commercial CO2 transport and storage as a service. The CO2 receiving facility in Øygarden, Norway, was completed in September.Northern Lights is a Joint Venture between Equinor, TotalEnergies and Shell.

INEOS and Royal Wagenborg have signed an agreement for the delivery of a CO2 carrier dedicated to Project Greensand, led by INEOS with its partners Harbour Energy and Nordsøfonden.Project Greensand has already marked a world-first achievement by demonstrating the safe, cross-border transport of CO₂ for injection into a depleted oil field. In March 2023, HM King Frederik of Denmark authorized the first injection of CO₂ into Danish subsoil in the North Sea.The agreement with Royal Wagenborg marks the first deployment of a dedicated CO₂ vessel for Project Greensand.

ABS issued an approval in principle (AIP) to leading Japanese companies at Gastech 2024 for two liquid carbon dioxide (LCO2) carrier designs with Type-C cargo tanks that do not require performing post-weld-heat-treatment based on the demonstration of an engineering critical assessment.ABS reviewed the drawings based on class and statutory requirements for the two designs, a 50K cubic meter carrier and a 23K cubic meter carrier, featuring Type-C cylindrical tanks made of carbon…

Provaris Energy and Yinson Production Offshore have agreed to develop storage tank solutions for the bulk storage and marine transportation of CO2.Yinson Production and Provaris will jointly evaluate the technical and economic viability of adapting Provaris’ proprietary tank design for compressed hydrogen to the bulk-scale storage and transport of compressed and liquid CO2.Provaris says that, currently, there is no ship transport of CO2 in a low pressure and temperature range suitable for long sailing distances and large cargo volumes.

American Bureau of Shipping (ABS) has granted an approval in principle (AiP) to HD Hyundai Mipo (HMD) for the design of cargo containment system for a liquefied carbon dioxide (LCO2) carrier.HMD developed a cargo containment system optimized for a 35,000 cbm LCO2 carrier using new cargo tank materials.Ahead of issuing the AiP, ABS completed design reviews based on class and statutory requirements for liquefied gas carriers.“Capturing and transporting carbon are key components in the carbon value chain for the global energy transition.

American Bureau of Shipping (ABS) and Nippon Kaiji Kyokai (ClassNK) have issued approvals in principle (AiPs) for two types of low-pressure type liquefied CO2 (LCO2) carriers developed jointly by Japan’s industry majors.The LCO2 carriers have been developed by Mitsui O.S.K. Lines (MOL), Kawasaki Kisen Kaisha (“K” LINE), Nihon Shipyard, Nippon Yusen Kabushiki Kaisha (NYK Line), Mitsui & Co, Mitsubishi Corporation and Mitsubishi Shipbuilding.The two LCO2 carriers that received AiP certifications are low-pressure type 50…

JX Nippon Oil & Gas Exploration Corporation, NYK and NYK affiliate Knutsen NYK Carbon Carriers (KNCC) have demonstrated a new CO2 liquefaction method that the partners say is a breakthrough for the carbon capture and storage (CCS) industry.The three companies have devised the CO2 liquefaction process based on the isenthalpic expansion cooling and liquefaction process which takes advantage of the temperature drop caused by depressurizing the captured CO2 to form a liquefied CO2 suitable for marine transport.In principle…

“K” Line, MOL and NYK Line have commenced a joint study with a group of Japanese shipyards for the design and specification of LCO2 carriers and the development of a supporting construction supply chain.The companies believe that as the demand for LCO2 carriers is expected to grow to support projects that transport CO2 collected in Japan to storage sites by sea, it is necessary to build LCO2 carriers stably within Japan. This will help realize the CCS value chain for Japan and improve the economic efficiency of the projects.The shipyards participating in the study are Mitsubishi Shipbuilding…

Capital Gas, Erma First and Babcock have signed a Letter of Intent (LoI) to install a carbon capture and storage (CCS) system, CARBON FIT, on board four new liquefied carbon dioxide (LCO2) carriers.Due for delivery by South Korean shipbuilder Hyundai Mipo Dockyard in 2026, the 22,000 cbm LCO2 carriers will join the Capital Gas managed fleet as the largest of their kind ever built.The Erma First CARBON FIT system holds Approval in Principle (AiP) from both Lloyd’s Register and…

Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group and Nihon Shipyard, have signed a memorandum of understanding (MoU) with Mitsui & Co on the collaborative study for ocean-going liquified CO2 (LCO2) carriers for large-scale international transportation from 2028 onwards.With the plans for LCO2 carries the companies aim to accommodate the carbon dioxide capture and storage (CCS) business led by Japanese government.Utilizing the technologies and construction know-how of Mitsubishi Shipbuilding and Nihon Shipyard…