Ccs News

Bureau Veritas Marine & Offshore (BV) and Samsung Heavy Industries (SHI) have partnered up to develop Floating CO2 Storage Units (FCSU) and Carbon Capture and Storage (CCS) projects in the Republic of Korea in an effort to cut greenhouse gas emissions.The collaboration will center on validating and certifying cutting-edge CCS technologies that are cost-effective and sustainable.By blending BV's certification expertise with SHI's innovative technology, the partnership aims to set new industry standards and accelerate the deployment of CCS solutions that can drive a greener…

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.

Seatrium has secured multiple contracts for repairs and upgrades, with a total value of S$100 million ($760 million) from various long-standing partners and regular customers.The projects will be completed by Q12025 and include carbon capture and storage (CCS) retrofits, major repairs on yachts, cruise ships, LNG carriers, offshore vessels, tankers as well as damage repairs.Year to date, Seatrium has secured two CCS retrofit projects. Announced earlier this year, the first project is for Solvang ASA, Norway, involving the ethylene carrier Clipper Eris which is scheduled for November 2024.

A project assessing the technical feasibility of onboard carbon capture and storage (CCS) has concluded that the technology has the potential to reduce a tanker’s CO2 emissions by as much as 20% per year, with a fuel consumption penalty of just under 10%.The project, Realising Maritime Carbon Capture to Demonstrate the Ability to Lower Emissions (REMARCCABLE), was carried out by the Oil and Gas Climate Initiative (OGCI), the Global Centre for Maritime Decarbonisation (GCMD) and Stena Bulk together with ABS…

“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…

Dutch company Value Maritime and Japanese shipping giant Mitsui O.S.K. Lines (MOL) have signed a contract for the supply an Exhaust Gas Cleaning System (EGCS) and carbon capture feature for an LR1 product tanker.With a deadweight (DWT) of 75,000, this is the largest vessel, in terms of DWT, and the first LR1 tanker that will sail with a Value Maritime’s 15 MW EGSC Filtree and carbon capture unit.The installation is expected to take place before the end of the year, according to…

Offshore installation contractor Allseas has made progress on the installation of the pipeline for Santos’ Barossa Gas Export Pipeline (GEP) project offshore Australia.Allseas’ Audacia pipelay vessel has installed her largest ever PLET in S-mode, concluding several years of in-house engineering, fabrication and testing, the Swiss-based contractor said.Due to the weight of the pipeline end termination structure, Allseas’ production crew had to install it separately to the connector head.Audacia vessels is being supported with four other vessels - Fortitude…

ClassNK has granted its SCCS-Full class notation to Evergreen’s Neopanamax container vessel Ever Top.Short for Shipboard Carbon dioxide Capture and Storage-Full, the SCCS-Full notation signifies that the vessel is now equipped with onboard CO2 capture and storage (CCS) systems.This also marks it as the world's first Neopanamax container vessel to be retrofitted with such systems, according to ClassNK.The CCS systems, designed and developed by Shanghai Marine Diesel Engine Research Institute…

Saipem has signed a letter of intent for the development of CO2 offshore transportation and storage facilities as part of the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZTP) projects for the East Coast Cluster in the UK.Saipem signed a Letter of Intent, received by the Northern Endurance Partnership (NEP), a joint venture between the operator BP, Equinor, and TotalEnergies, and Net Zero Teesside Power (NZT Power), a joint venture between BP and Equinor.The…

Seatrium has secured the world’s first full-scale, turnkey carbon capture and storage (CCS) retrofit from Solvang ASA, Norway.The retrofit of a 7MW Wärtsilä CCS system will be carried out on Solvang’s 21,289 cubic meter ethylene carrier, Clipper Eris, and is scheduled to commence in the third quarter of this year. The project will use amine cleaning technology to capture 70% of the CO2 in the exhaust gas from the main engine.Seatrium’s scope of work includes basic design, detailed engineering…

Japanese shipping firm Mitsui O.S.K. Lines (MOL) and JX Nippon Oil & Gas Exploration Corporation (JX) have signed a memorandum of understanding (MoU) to develop a carbon capture and storage (CCS) value chain between Japan and Australia, including CO2 marine transport.The MoU focuses on the establishment of a CCS value chain by capturing CO2 emitted from ENEOS refinery and nearby various industries in Japan, transporting it by CO2 carrier to the Port of Bonython in Australia, and…

COP28 has concluded with agreement on a text named The UAE Consensus that aims to set out a climate agenda to keep 1.5°C within reach. The UAE Consensus calls on parties to transition away from fossil fuels to reach net zero, encourages them to submit economy-wide Nationally Determined Contributions, includes a new specific target to triple renewables and double energy efficiency by 2030, and builds momentum towards a new architecture for climate finance.The UAE Consensus followed a year of inclusive diplomatic engagements and two weeks of intense negotiations.

Ecochlor, Inc. has signed a Letter of Intent (LOI) with Diana Shipping Services and carbon capture and storage (CCS) specialist, Sinotech CCS for the installation of a Sinotech scrubber and CCS system onboard one of Diana Shipping’s capesize dry bulk carrier, the MV G.P. Zafirakis.This system is designed to capture 25% of the CO2 emitted within the exhaust gas and temporarily storing it onboard in liquified form (LCO2). Sinotech will provide the expertise for a full feasibility study…

Fertilizer maker Yara said on Monday it has signed a binding agreement to capture CO2 emissions from its Dutch ammonia plant and transport it to the Norwegian North Sea for storage deep beneath the seabed.The carbon capture and storage project (CCS) will cut annual emissions of CO2 by 800,000 tonnes over a 15 year period, the Norwegian company said in a statement.When the operation begins in 2025, it is expected to be the first time that CO2 from one nation is transported across borders for storage by another, Yara said.The CO2 will be liquefied and shipped by Northern Lights, a company owned

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.

Petronas CCS Ventures, a subsidiary of the Malaysian oil and gas giant Petronas has signed a term sheet with Mitsui O.S.K Lines, Ltd. (MOL) and MISC Berhad for the potential incorporation of a joint venture entity to invest in developing and monetising Liquefied Carbon Dioxide (LCO2) carriers for Carbon Capture and Storage (CCS) projects in Malaysia. The parties have agreed in principle on the key commercial terms to allow progress to the next stage."Building on the February 2022…

The Northern Lights carbon capture and storage JV in Norway is increasing CO2 shipping capacity with its third LCO2 carrier. Like the first two vessels, the gas equipment specialist Svanehøj will supply the cargo pump system. "The three ships are the world's largest of their kind, and the order represents a significant milestone for Svanehøj's ambitions in Carbon Capture and Storage," Svanehøj said.In 2022, the Danish gas equipment specialist was chosen as the cargo pump supplier for the first two Northern Lights LCO2 carriers.

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has released a report indicating that CO2 storage capacity is unlikely to constrain the availability of blue ammonia for shipping by 2030.The report analyzed whether potential carbon storage in carbon capture and storage (CCS) networks can meet the expected demands from blue ammonia production for maritime in the context of the wider demand for CCS from other industries.It also evaluated potential constraints on CCS and blue ammonia availability…

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…

Samsung Heavy Industries has received basic certification for a floating CO2 storage unit (FCSU) from DNV.The FCSU, jointly developed by Samsung Heavy Industries and MISC, is 330 meters long and 64 meters wide, and has a high-pressure tank capacity that can store 100,000 cubic meters of liquefied CO2 at -50 degrees Celsius or less.The injection module mounted on the upper part of the hull secures the ability to send five million tons (MTPA) of CO2 per year to the depths of the seabed.

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…

ClassNK has issued an Approval in Principle (AiP) for an onboard CO2 capture and storage (OCCS) system developed by China Shipbuilding Power Engineering Institute Co., Ltd. (CSPI), a member of CSSC Power (Group) Co. Ltd. (CPGC).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. To encourage the development of the related technology…