A next generation ultra large, liquefied carbon dioxide (LCO2) carrier is to be developed in a project between ABS, Hyundai Heavy Industries Group (HHI), and the Republic of the Marshall Islands (RMI) Maritime Administrator.
he 74,000cm3 design – presently the world’s largest LCO2 capacity – builds on the 40,000cm3 “super gap” technology developed in 2021 by HHI.
ABS will verify the design, leading to basic design approval, with the RMI Maritime Administrator involved where design acceptance and equivalent arrangements are required.
The announcement follows a recent joint development project to advance carbon capture technologies between ABS and HHI. ABS has awarded Approval in Principle (AIP) to the carbon dioxide injection platform developed by HHI Group to store carbon dioxide that has been captured on land, liquefied at high pressure, and transported to the sea through a carrier or pipeline. HHI Group has developed this platform with the goal of storing annually 400,000 tons of carbon dioxide underground in Korea’s East Sea gas field starting in 2025.
ABS has been working across the technology needed to enable the carbon value chain with HHI and now, following the advances on the carbon capture platform, we are working on the vessels which will play such a critical role in the development of any carbon capture economy
said Christopher J. Wiernicki, ABS Chairman, President and CEO.
Moreover, Joo Won-ho, HHI Senior Executive Vice President & Chief Technical Officer, added that “the carbon capture/storage market is expected to grow continually and interest in ultra-large, liquefied carbon dioxide carriers is increasing.”