Northern Pathfinder - Northern Lights Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies, has decided to enlarge its fleet with another liquefied carbon dioxide (LCO2) carrier through a time charter deal with a consortium between Japan’s Kawasaki Kisen Kaisha (K Line) and Malaysia’s MISC. Northern Lights JV has awarded the consortium of K Line and MISC a long-term time charter party (TCP) contract for one newly bu

Credit: Neptune Lines Greek shipowner Neptune Lines is to retrofit two pure car carrier vessels with Value Maritime’s Filtree solution that provides an SOx scrubber and is carbon capture ready. This will be the first installation of Valu e Maritime’s technology on pure car carrier vessels, with units fitted on Neptune Tharros and Neptune Ethos, each with a 4,700 vehicle capacity. The Filtree system meets the 98% SOx removal requirement for operation in SECA areas and achieve

The increasing urgency to mitigate climate change has driven significant advancements in carbon capture, utilisation, and storage (CCUS) technologies. Among these, offshore CO2 storage has emerged as a promising solution to securely sequester carbon dioxide emissions away from the atmosphere. This blog post delves into the various offshore CO2 techniques, exploring their mechanisms, benefits, challenges, and future prospects. The goal is to provide a comprehensive understandi

Northern Lights CCS Fleet Grows with First Bernard Schulte's LCO2 Carrier Bernhard Schulte has christened its first liquefied CO2 (LCO2) carrier, marking the company’s entry into the carbon capture and storage (CCS)-related shipping segment. The vessel, named Northern Purpose, was christened on May 19 at Dalian Shipbuilding Offshore (DSOC) in China and will support the Northern Lights CCS project, a cross-border CO2 transport and storage development in Norway. Following deliv

Trudvang unmanned wellhead platform with carrier The partnership combines the strengths of three industry leaders, spanning offshore engineering, CO₂ storage development and operations, and marine transportation. The MoU reflects a shared ambition to strengthen the Trudvang CO₂ transportation and storage project and establish robust, flexible, and commercially attractive CO₂ transport and storage solutions for European industrial customers. The Trudvang project offers flexibl

Capital Gas announced three days ago, the successful delivery of the 'Amadeus', their second 22,000 cbm low-pressure liquid CO₂ (LCO₂) / Multi-Gas Carrier, from Hyundai Mipo Dockyard Co., Ltd. (HMD). The 'Amadeus' is the second of four sister vessels scheduled for delivery by HMD in 2026. Engineered with cutting-edge multi-cargo capability, she is designed to transport LCO₂, LPG, ammonia, and selected petrochemicals. This delivery follows the recognition of sister vessel 'A

The transportation of carbon dioxide (CO2) in offshore environments is a critical component of carbon capture, utilisation, and storage (CCUS) strategies. As global efforts intensify to reduce greenhouse gas emissions, the ability to move captured CO2 safely and efficiently from capture sites to storage or utilisation locations offshore has become increasingly important. This article explores the various offshore CO2 transport methods, detailing their technical aspects, opera

Consensus at the International Maritime Organization (IMO) meeting of its Marine Environment Protection Committee (MEPC 84) this week remained elusive, with the US leading countries opposed to the proposed Net-Zero Framework (NZF) for greenhouse gas (GHG) reductions. But by late Friday evening, the majority of member states eventually reached an agreement on the J7 document, which sets out future work for the Intersessional Working Group on Reduction of GHG Emissions from Shi

BIMCO has introduced a new standard contract aimed at the fast-developing market for shipping liquefied carbon dioxide, as carbon capture projects begin to move from concept to execution. The world’s largest shipping association’s Documentary Committee has adopted CO2TIME 2026, a time charter party designed specifically for the carriage of liquefied CO₂ (LCO₂). It marks the first standard form tailored to this segment, where shipping is expected to play a key role in linking

The comprehensive "reading" and recording of the risks that accompany the supply chain of the CCS value chain is a prerequisite for the emitters to be able to open up to the full scope of the discussion on contracts for difference (CCfDs), which in turn will practically pave the way for final investment decisions. In particular, as competent sources with knowledge of the matter point out, the quantification of the risks that may arise during the maturation of the projects and

IMO Secretary-General Arsenio Dominguez opened the 84th session of the Marine Environment Protection Committee (MEPC 84), in 27-04-2026 at London, urging Member States to find convergence and make meaningful progress on the IMO Net-Zero Framework to cut global shipping emissions, and set an example of effective multilateralism. The meeting covers a range of environmental issues, including actions to address: • Reduction of greenhouse gas emissions from ships • Energy efficie

China is signaling a potential shift in its national carbon market that could reshape trading dynamics and bring in a new class of participants. A recent State Council policy document, published on April 21, encourages financial institutions to take part in carbon trading, a move that analysts say could address persistent liquidity concerns in the system. The full text of the policy can be found in the official announcement (link in Chinese). Since its launch in 2021, China’s

source: IMO As of April 22, 2026, the International Maritime Organization (IMO) is actively pushing for net-zero shipping by 2050 , focusing on new passenger ship "green" pilot projects and implementing AI-driven fuel optimization systems in Mexico. Key negotiations are underway for a global carbon price on shipping, alongside calls for a realistic Net Zero Framework and increased security alerts near the Strait of Hormuz. Key IMO Updates & News: Decarbonization Efforts: The

Pirika Moshiri Maru (Credit: Oshima Shipbuilding/Supplied by NYK) NYK has signed a memorandum of understanding (MoU) with Hokkaido Electric Power to conduct a study related to onboard carbon capture and storage (OCCS) technologies. Under the agreement, the companies will jointly study a demonstration project in Tomakomai, Japan, focused on decarbonizing maritime transport. The study will run over a three-year period through fiscal year 2028 and will cover the design and opera

source: Mott MacDonald Mott MacDonald, the global engineering, management and development consultancy, has been appointed as owner’s engineer for the pioneering EcoLog Terminal Amsterdam, the world’s first commercial-scale facility designed to import liquid hydrogen (LH₂) and export liquid CO₂ (LCO₂). As owner’s engineer, Mott MacDonald will provide multidisciplinary oversight across planning, design and construction, verifying that the project meets the highest standards of

Denmark’s Inno–CCUS is to launch 12 projects across two new funding pools (3 and 4). They will be officially launched on 27 April at the DTU Technical University of Denmark. Projects include GCO2M, which aims to turn grassland biomass into carbon-storing building materials; OMGCCS, which will monitor ground and surface water above CO2 storage; and IKKA-CCUS, which will demonstrate low-energy capture processes based on ikaite formation in seawater. “If CCUS is going to deliver

source: SSS ClassNK, as announced back at 25-03-2026, has issued an Approval in Principle (AiP) for the designs of a liquefied CO2 carrier intended to Socket SPAR Unit for injection facility. The certification demonstrates its feasibility from regulatory and safety perspectives. As CCS projects continue to advance worldwide, Japan faces unique challenges due to its deep and steep offshore waters, where subsea pipeline-based CO2 storage is not always feasible. Under the Minis

Credit: Northern Lights JV The Northern Phoenix was officially blessed in Bergen the previous week, marking another milestone in the development of Northern Lights’ CO₂ transport infrastructure. The ship is purpose-built for the safe and efficient transport of liquefied CO₂ and is an addition to the Northern Lights fleet, supporting the scaling of carbon capture and storage across Europe. Northern Phoenix is dedicated to transporting CO₂ from Yara and will play a key role in