ABS has granted an Approval in Principle (AiP) to ECOLOG Services Ltd. for a 40,000 cbm liquid carbon dioxide (LCO2) carrier design.
According to ABS, the vessel features low pressure, shallow draft, and a reduced carbon footprint. This AiP results from a joint industry project focused on energy efficiency and minimizing greenhouse gas emissions. Key contributors include Hanwha Ocean Co., Ltd., responsible for hull and cargo tank design, and Babcock LGE, which provided cargo handling systems expertise.
To remind, CAPITAL GAS, ERMA FIRST and BABCOCK recently signed a Letter of Intent (LoI) to install a pioneering Carbon Capture and Storage (CCS) system, CARBON FIT, on board four new liquefied carbon dioxide (LCO2) carriers.
ABS reviewed the design according to its Marine Vessel Rules and the ABS Guide for Liquefied Gas Carriers with Independent Tanks.
The safe transportation of CO2 plays a vital role in the carbon value chain, and we are ready to support such projects with guidance to minimize risks to the crew, vessel and the environment
… said Panos Koutsourakis, ABS Vice President, Global Sustainability
Meanwhile, Dr. Panos Deligiannis, Head of Shipping at ECOLOG, outlined their goal to develop a global CO2 service platform capable of handling 50 million tons of CO2 annually.
Furthermore, Hanwha Ocean’s Head of Engineering & Technology, Seung-Han Moon, and Babcock LGE’s Sales Director, Michael Scott, highlighted the significance of this AIP in advancing CO2 shipping technology and achieving decarbonization through innovative ship designs.