Tag: CO2

Northern Lights, a key carbon capture and storage (CCS) project, has completed the first round of sea trials for its new CO₂ transport vessel, Northern Pioneer. 

Carbon Iceland announced the project that aims to convert CO2 to renewable fuel for the Icelandic fishing and maritime industries.

Samsung Heavy Industries Co., Ltd. (SHI) has received an Approval in Principle (AiP) for its Floating CO2 Storage Unit (FCSU) design from Bureau Veritas (BV). 

INTERCARGO has submitted proposals to the IMO calling for a review of the Carbon Intensity Indicator (CII) at MEPC 82.

BIMCO has started work to develop a new time charter party specifically designed for the maritime transportation of carbon dioxide (CO2) – an “industry first” which will be particularly relevant for the carbon capture and storage (CCS) market that is emerging as part of global efforts to combat climate change.

“K” LINE, MOL, and NYK Line have started a joint study with Mitsubishi Shipbuilding, Imabari Shipbuilding, JMU, and Nihon Shipyard, which is a joint venture between Imabari Shipbuilding and JMU, to establish standard specifications and designs for LCO2 carriers.

On August 17, 2024, China Merchants Energy Shipping (CMES) announced a significant advancement in its fleet expansion and sustainability strategy.

GTT announces it received, in July 2024, two orders from its Korean partner HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to design the cryogenic fuel tanks for 12 new LNG2 -fuelled container vessels on behalf of CMA CGM, a global leader in sea, land, air and logistics solutions.

Bumi Armada Berhad and Navigator Holdings Ltd., announced that has entered into a memorandum of understanding with Uniper, to help meet the UK Government’s aim of decarbonising the power sector by 2030.

On July 17, NYK supplied fuel ammonia to an NYK-owned ammonia-fueled tugboat (A-Tug) scheduled to become the world's first commercial ammonia-fueled vessel upon completion at the end of August.