Bureau Veritas (BV) has delivered an Approval in Principle (AiP) to Wah Kwong Maritime Transport Holdings for a carbon capture and storage (CCS) project onboard two Wah Kwong vessels.
Based on the specific design parameters of the vessels, Qiyao Environ Tec developed a customised design of a CCS unit for the two vessels. The CCS unit has passed laboratory tests, achieving over 85% CO2 capture from the exhaust gas flow, and is being continuously optimised and upgraded, according to BV.
The system is based on an organic amine solution which extracts CO2 from exhaust gas, before it is cooled into liquid form and stored in a low temperature storage tank.
The AiP, which was delivered at a ceremony held at BV’s Shanghai office, follows a joint study led by BV, Wah Kwong and Qiyao Environ Tec, which validated the technical feasibility of using CCS technology on existing vessels as a measure to ensure compliance with the IMO’s Carbon Intensity regulation.
With regulations such as the IMO’s CII and the EU ETS coming into force for shipping, it is essential to ensure compliance and to reduce the carbon footprint of existing vessels for years to come.
… said Hing Chao, Executive Chairman of Wah Kwong
The study showed that CCS enabled the two vessels to remain compliant by upgrading and maintaining their CII rating at a C level until 2030. It considered all aspects of retrofit space, operational impact, CAPEX and OPEX, as well as the upcoming EU ETS, to assess the future investment and revenue expectations for each vessel.
We are proud to receive this Approval in Principle from Bureau Veritas, which confirms the viability of our carbon capture technology as a retrofit solution to reduce CO2 emissions from existing ships.
… said Jianfu DONG, President at Shanghai Qiyao Environmental Technology
At BV, we are committed to supporting shipping stakeholders in their decarbonisation journeys, helping our clients comply with environmental regulations, implement green solutions onboard
… stated Alex Gregg-Smith, Senior Vice President & Chief Executive, North Asia and China at Bureau Veritas Marine & Offshore
To remind, BV recently awarded another an Approval in Principle (AiP) to Hyundai Heavy Industries, HHI, TotalEnergies, and MOL, for wind assisted ship propulsion (WASP) on a Very Large Crude Carrier (VLCC) and a Liquefied Natural Gas (LNG) carrier.
