ABS joins joint industry project to develop LCO2 carrier
SUMMARY
The JIP also includes ECOLOG Services, Hanwha Ocean Co., and Babcock International Liquid Gas Equipment (LGE). [Image: ABS]
By Shardul SharmaThe American Bureau of Shipping (ABS) has joined a joint industry project (JIP) to develop a 40K m3 liquefied carbon dioxide (LCO2) carrier that meets class and statutory requirements, it announced on September 12. The JIP also includes ECOLOG Services, Hanwha Ocean Co., and Babcock International Liquid Gas Equipment (LGE).
The ultimate design of the LCO2 carrier will maximise energy integration and minimise greenhouse gas (GHG) emissions while being cargo versatile and capable of offshore offloading, ABS added.
"Transporting liquified CO2 is a critical part of the carbon value chain," said Panos Koutsourakis, ABS vice president, global sustainability. "This requires a new type of vessel, and ABS is proud to use our deep industry insight to support this group of leading players in developing such an important new asset for ECOLOG."
"ECOLOG is a mid-stream CCUS service provider, building, owning and operating ships and terminals used to connect emitters safely and cost effectively to permanent storage and or re-use it sites," said Panos Deligiannis, ECOLOG head of shipping. "This joint industry project between Hanwha, American Bureau of Shipping, Babcock and ECOLOG brings together experts in their respective fields who aspire to provide in depth knowledge to the transportation of CO2 and support the CCUS market with design and operational standards.”
"Hanwha Ocean is expecting to develop the optimum ship design of large LCO2 carriers through this JIP and to be one step ahead of our competitors in terms of shipbuilding technology," said Sang-Don Kang, Hanwha Ocean head of basic design department.
CCS is a key technology for mitigating climate change. By capturing and storing CO2 emissions, CCS can help to reduce the amount of greenhouse gases in the atmosphere.
