ABS today announced it has joined an elite working group comprised of global maritime leaders to study onboard carbon capture technologies.
he collaborative project brings together ABS, Diana Shipping Services S.A., Equinor ASA, GasLog LNG Services Ltd., Maran Gas Maritime Inc., Minerva Gas Inc., Neptune Lines Shipping and Managing Enterprises S.A., Norwegian Maritime Authority (NMA), Prime Tanker Management Inc., Solvang ASA, Springfield Shipping Co. Panama S.A, Thenamaris (Ships Management) Inc., and Wärtsilä Moss AS.
The study’s 5 areas of focus:
- operational parameters
- financial impacts
The collective expertise and resources of the partners will play a key role in overcoming the technical, regulatory, and economic challenges associated with this innovative approach to emissions reduction
… said Panos Koutsourakis, ABS Vice President, Global Sustainability.
In the absence of abundant and affordable carbon-free fuels, carbon capture and storage (CCS) technology is increasingly gaining interest as a reasonable step towards shipping decarbonization.
… said Kostas Karathanos, COO of GasLog Ltd.
ABS has previously examined carbon capture and storage with studies such as Requirements for Onboard Carbon Capture and Storage. Other ABS sustainability publications include the ABS Whitepaper Carbon Capture Utilization and Storage and the ABS Insights into Onboard Carbon Capture.