The UK government has launched tests for injecting CO2 into depleted wells under the North Sea, supporting carbon capture projects. Carbon Catalyst, a UK company, partnered with Perenco UK for the initial test at Project Poseidon. Wintershall Dea also joined, acquiring a 10% interest. The project aims to become one of the largest in Northwest Europe.
An engineering study examined carbon capture technology on vessels. Despite high costs, it could extend economic life and cut CO2 emissions with a small fuel penalty. Retrofitting a tanker showed potential for a 20% reduction in emissions. Further research is needed to make this technology feasible for the maritime industry.
SCHOTTEL Marine Technologies unveiled a report at the Floating Offshore Wind Exhibition in Aberdeen, showcasing the potential of its Swift Anchor technology. The study, conducted with industry experts, revealed up to 12% LCoE savings and 2% carbon emissions reduction. CEO Dirk Schulze is confident in the technology’s impact on the floating offshore wind market.
Shipping companies are navigating the complexities of the FuelEU Maritime regime to reduce compliance costs and penalties for failing to meet carbon intensity reduction targets. OceanScore is providing estimates on compliance surpluses available through pooling to assess costs and potential earnings. Companies must consider biofuel burning and pooling as cost-effective alternatives to penalty payments as regulations become stricter.
Shipping companies are working to reduce compliance costs under the FuelEU Maritime regime to avoid penalties for missing carbon intensity reduction targets. OceanScore is providing price estimates on compliance surpluses available through FuelEU’s pooling mechanism. Companies can opt for biofuels or pooling to address deficits, with penalties being a costly alternative.
A consortium of Korean maritime technology companies has successfully installed a proprietary onboard carbon capture system on a sub-Panamax boxship. Verification and operational testing will begin soon. Samsung Heavy Industries, HMM, Panasia, and Korea Register collaborated on the system, using entirely Korean components. The system, integrated into the 2,200 TEU boxship HMM Mongla, aims to reduce CO2 emissions by 82-90 percent.
Six major shipping industry trade groups have united to raise concerns about the International Organization’s Carbon Intensity Indicator (CII), implemented on January 1. The groups, representing various sectors, highlight perceived shortcomings in the program. With ships now receiving their first ratings, low rankings could impact economic viability. Urging the IMO to amend the system, they emphasize the need for a more accurate approach.
A new study highlights the challenges facing ports in handling liquified CO2 captured from ships at sea, hindering the adoption of onboard carbon capture technology. Limited infrastructure and safety training pose major obstacles, with few ports equipped to offload CO2. Recommendations include defining a clear pathway for offloading and storage.
A Chinese shipyard successfully retrofitted a carbon capture system on a large containership, the Ever Top. The system, developed by Qiyao Environmental Protection, can capture and separate CO2 in the ship’s exhaust with a high efficiency rate. This technology could extend the life of vessels by cleaning engine exhaust and reducing emissions.
Researchers are reporting promising results in the first phase of a two-stage test of carbon capture in the maritime sector. The EverLoNG project, involving industry leaders and government funding, completed a major milestone with the first deployment of a prototype system on the LNG carrier Seapeak Arwa. The project aims to optimize shipboard carbon capture.
