Decarbonizing Shipping: DNV, AL Team Up for Onboard CCS Study

November 1, 2023

AL Group Fleet Director Tonci Zdunic and DNV’s Regional Manager South East Asia, Pacific & India, Maritime, Cristina Saenz de Santa Maria, signed a Memorandum of Understanding (MoU) in the presence of AL’s Group Sustainability and Regional Finance Director Philip Pfeiffer and Geir Dugstad, DNV’s Senior Vice President, Ship Classification & Technical Director. Under the MoU, both companies will partner to explore the feasibility of CCS on board AL’s 7,100 TEU container ships and Kamsarmax bulk c

Classification society DNV has entered into a Joint Development Project (JDP) with AL Group and its Singapore company Asiatic Lloyd Maritime LLP to explore the feasibility of carbon capture and storage (CCS) on board AL’s 7,100TEU containership and Kamsarmax bulk carrier newbuildings.

Under the JDP, DNV will cooperate with AL on a techno-economic study of CCS on board the vessels using DNV's FuelPath to assess the economic potential of the different fuel and technology strategies. The model will reflect a range of fuel and CO2 price scenarios and future decarbonization requirements, aligned with AL’s own net zero ambition, DNV said.

“At AL Group we continue with our unwavering journey on sustainability and efforts on decarbonization. This Joint Development Project with DNV allows us to explore actively, the adoption of carbon capture technology for our future fleet, while fortifying our commitment to environmental stewardship, emissions reduction, and innovation”, said Tonci Zdunic, Group Fleet Director of AL Group.

Cristina Saenz de Santa Maria, Regional Manager South East Asia, Pacific & India, Maritime at DNV said, “It’s becoming increasingly important for shipowners to look ahead and embark on a decarbonization strategy that allows for regulatory compliance and optimized operations. To this effect, we are delighted to be partnering with AL Group to explore cost-effective fuel strategies that would support their net zero ambitions.

"Backed by DNV’s experienced global network and team of experts in the Maritime Decarbonization & Autonomy Regional Centre of Excellence in Singapore, we are in a prime position to help the industry navigate the maritime energy transition in a safe and efficient manner.”

DNV published new guidelines for the safe installation of onboard carbon capture and storage (OCCS) system on board ships earlier this month. This comes amid growing pressure on the shipping industry to develop effective technologies to reduce emissions by 2030.