Knutsen NYK Carbon Carriers, a subsidiary of NYK and Knutsen Group, has received Approval in Principle (AiP) from ClassNK for its designs of liquefied CO2 carriers and a floating liquefied storage facility. These developments aim to contribute to the CCUS sector by addressing challenges like cost reduction and land requirements.
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.
Methanol emerged as the top choice for decarbonization in shipping in 2023, with a ‘Methanol Superstorage’ solution making it viable for both retrofits and newbuilds. The shift towards methanol offers a practical and economically viable route to lower carbon emissions, paving the way for a greener future in the industry.
